Aritzia (TSE:ATZ) Given New C$70.00 Price Target at Stifel Nicolaus

Aritzia (TSE:ATZ) had its price target hoisted by Stifel Nicolaus from C$66.00 to C$70.00 in a research note published on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities analysts have also issued reports about the stock. Raymond James lowered shares of Aritzia from an “outperform” rating to a “market perform” rating and boosted their price target for the company from C$52.50 to C$58.00 in a research report on Tuesday, January 7th. Royal Bank of Canada upped their price target on shares of Aritzia from C$56.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. BMO Capital Markets boosted their target price on shares of Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. CIBC upped their price objective on Aritzia from C$63.00 to C$75.00 and gave the stock an “outperform” rating in a report on Sunday. Finally, TD Securities raised their price target on Aritzia from C$68.00 to C$75.00 and gave the company a “buy” rating in a report on Sunday. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$66.56.

Aritzia Price Performance

Shares of Aritzia stock opened at C$65.87 on Monday. The firm has a market cap of C$6.05 billion, a P/E ratio of 96.87, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40. Aritzia has a twelve month low of C$31.82 and a twelve month high of C$67.94. The firm’s 50-day simple moving average is C$51.06 and its 200-day simple moving average is C$47.08.

Insider Buying and Selling at Aritzia

In related news, Director Jennifer Wong sold 20,000 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of C$46.00, for a total transaction of C$920,000.00. Also, Senior Officer Karen Kwan sold 3,800 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$46.00, for a total transaction of C$174,800.00. In the last quarter, insiders have sold 77,300 shares of company stock worth $3,565,800. Corporate insiders own 0.94% of the company’s stock.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.