Aritzia (TSE:ATZ) Given a C$73.00 Price Target by Stifel Nicolaus Analysts

Aritzia (TSE:ATZ) received a C$73.00 price objective from Stifel Nicolaus in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 39.31% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Desjardins set a C$82.00 price target on shares of Aritzia and gave the stock a “buy” rating in a research report on Wednesday, February 26th. TD Securities boosted their price target on shares of Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a research report on Sunday, January 12th. Canaccord Genuity Group boosted their price target on shares of Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a research report on Sunday, January 12th. Raymond James boosted their price target on shares of Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. Finally, CIBC lifted their price objective on shares of Aritzia from C$63.00 to C$75.00 and gave the stock an “outperform” rating in a research note on Sunday, January 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$62.52.

Aritzia Trading Up 0.3 %

Shares of ATZ opened at C$52.40 on Thursday. The company’s fifty day moving average is C$65.80 and its 200 day moving average is C$53.92. Aritzia has a fifty-two week low of C$31.82 and a fifty-two week high of C$73.44. The stock has a market capitalization of C$6.25 billion, a PE ratio of 46.04, a P/E/G ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29.

Insider Activity

In other news, Senior Officer Karen Kwan sold 29,966 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of C$65.96, for a total transaction of C$1,976,557.36. Also, Senior Officer Todd Jeremy Ingledew sold 7,200 shares of the business’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$68.50, for a total transaction of C$493,200.00. Over the last ninety days, insiders sold 56,298 shares of company stock valued at $3,801,028. 0.94% of the stock is currently owned by company insiders.

About Aritzia

Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories.