Aritzia Inc. (OTCMKTS:ATZAF) Given Consensus Recommendation of “Buy” by Brokerages

Aritzia Inc. (OTCMKTS:ATZAF) has been assigned an average rating of “Buy” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a buy rating.

Several brokerages recently issued reports on ATZAF. National Bank Financial began coverage on shares of Aritzia in a research note on Wednesday, April 8th. They set an “outperform” rating on the stock. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Aritzia in a report on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Aritzia in a report on Friday, May 8th. Finally, TD Securities restated a “buy” rating on shares of Aritzia in a report on Friday, May 8th.

Aritzia Price Performance

Shares of OTCMKTS ATZAF opened at $104.89 on Thursday. Aritzia has a 12-month low of $45.16 and a 12-month high of $112.21. The company’s fifty day simple moving average is $91.21 and its 200 day simple moving average is $85.27.

Aritzia Company Profile

Aritzia Inc is a Canadian fashion retailer specializing in women’s apparel and accessories. Founded in 1984 by Brian Hill in Vancouver, British Columbia, the company has grown from a single boutique into a vertically integrated lifestyle brand. Aritzia designs, manufactures and markets a range of in-house labels, including TNA, Wilfred, Babaton and Super Puff, catering to a contemporary female clientele that values both trend-driven and timeless wardrobe essentials.

The company’s product assortment spans outerwear, knitwear, denim, suiting, activewear and accessories, with an emphasis on quality fabrics, fit and craftsmanship.