Aritzia (TSE:ATZ) PT Set at C$82.00 by Desjardins

Aritzia (TSE:ATZ) received a C$82.00 price target from stock analysts at Desjardins in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ target price suggests a potential upside of 24.64% from the stock’s previous close.

Several other equities research analysts have also recently commented on ATZ. Stifel Nicolaus boosted their price target on shares of Aritzia from C$66.00 to C$70.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. BMO Capital Markets upped their target price on shares of Aritzia from C$68.00 to C$80.00 in a report on Friday, February 14th. Canaccord Genuity Group upped their target price on shares of Aritzia from C$62.00 to C$70.00 and gave the company a “buy” rating in a report on Sunday, January 12th. TD Securities upped their target price on shares of Aritzia from C$68.00 to C$75.00 and gave the company a “buy” rating in a report on Sunday, January 12th. Finally, Raymond James upped their target price on shares of Aritzia from C$58.00 to C$65.00 and gave the company a “market perform” rating in a report on Monday, January 13th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$69.60.

Aritzia Trading Down 1.9 %

Shares of TSE:ATZ opened at C$65.79 on Wednesday. The company’s 50-day moving average price is C$64.37 and its two-hundred day moving average price is C$52.58. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19. Aritzia has a one year low of C$31.82 and a one year high of C$73.44. The stock has a market capitalization of C$7.85 billion, a PE ratio of 57.81, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83.

Insider Activity at Aritzia

In other Aritzia news, Senior Officer Karen Kwan sold 29,966 shares of the stock in a transaction that occurred 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 Margot Johnson sold 3,500 shares of the stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of C$72.14, for a total transaction of C$252,490.00. In the last 90 days, insiders have sold 56,298 shares of company stock worth $3,801,028. Insiders own 0.94% of the company’s stock.

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.