Aritzia Inc (ATZ) Receives C$21.33 Average Target Price from Analysts

Shares of Aritzia Inc (TSE:ATZ) have received a consensus recommendation of “Buy” from the seven brokerages that are currently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$21.33.

Several research firms have commented on ATZ. TD Securities set a C$21.00 price objective on Aritzia and gave the company a “buy” rating in a research note on Thursday. Canaccord Genuity cut their target price on Aritzia from C$23.00 to C$21.00 and set a “buy” rating for the company in a research note on Friday, October 6th. Finally, CIBC cut their target price on Aritzia from C$22.00 to C$20.00 in a research note on Tuesday, October 10th.

In other Aritzia news, Director John Edward Currie bought 5,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was acquired at an average cost of C$10.25 per share, with a total value of C$51,250.00. Also, insider Todd Jeremy Ingledew bought 10,000 shares of the business’s stock in a transaction dated Friday, November 3rd. The shares were acquired at an average cost of C$10.29 per share, with a total value of C$102,900.00. Over the last three months, insiders have bought 19,400 shares of company stock valued at $205,314.

Aritzia (TSE:ATZ) traded up C$0.75 on Monday, reaching C$13.28. The company’s stock had a trading volume of 1,040,000 shares, compared to its average volume of 193,674. The stock has a market cap of $1,490.00 and a P/E ratio of 94.86. Aritzia has a 12-month low of C$10.10 and a 12-month high of C$17.33.

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About Aritzia

Aritzia Inc operates as a design house and fashion retailer of women’s apparel and accessories. It designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, outerwear, leggings, sweatshirts, bodysuits, rompers and jumpsuits, intimates, and active wear; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, IPhone cases, and gloves.

Analyst Recommendations for Aritzia (TSE:ATZ)

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