Aritzia Inc. (OTCMKTS:ATZAF) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of Aritzia Inc. (OTCMKTS:ATZAF) have received an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company.

ATZAF has been the topic of a number of research analyst reports. TD Securities restated a “buy” rating on shares of Aritzia in a research note on Wednesday, October 28th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Aritzia in a research report on Friday, October 9th. Jefferies Financial Group lowered shares of Aritzia from a “buy” rating to a “hold” rating in a research report on Tuesday, October 13th. Scotiabank reaffirmed an “outperform” rating on shares of Aritzia in a research note on Wednesday, October 28th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Aritzia in a report on Thursday, October 8th.

Aritzia Stock Up 8.1%

OTCMKTS:ATZAF opened at $115.63 on Thursday. The stock’s 50-day simple moving average is $95.94 and its 200 day simple moving average is $96.94. Aritzia has a twelve month low of $65.60 and a twelve month high of $124.48.

Aritzia Company Profile

Aritzia Inc is a Canadian premium fashion retailer that designs and sells women’s apparel and accessories. Its product offerings include dresses, tops, sweaters, outerwear, pants, denim, activewear, intimates and accessories, sold through a portfolio of in-house brands such as Wilfred, Babaton, TNA, Sunday Best, Denim Forum and The Super Puff.

Founded in 1984 by Brian Hill, Aritzia is headquartered in Vancouver, British Columbia. The company operates through a combination of retail boutiques and e-commerce platforms, serving customers primarily in Canada and the United States.