Aritzia (OTCMKTS:ATZAF) had its price target raised by analysts at TD Securities from C$57.00 to C$68.00 in a research note issued to investors on Thursday, The Fly reports.
A number of other brokerages also recently issued reports on ATZAF. BMO Capital Markets lifted their price target on Aritzia from C$43.00 to C$49.00 and gave the company an “outperform” rating in a report on Thursday, October 14th. CIBC raised their price objective on Aritzia from C$43.00 to C$52.00 and gave the stock an “outperform” rating in a research report on Thursday, October 14th. raised their price objective on Aritzia from C$43.00 to C$50.00 and gave the stock a “buy” rating in a research report on Thursday, October 14th. They noted that the move was a valuation call. Royal Bank of Canada cut Aritzia from an “outperform” rating to a “sector perform” rating and raised their price objective for the stock from C$43.00 to C$44.00 in a research report on Tuesday, October 12th. Finally, Robert W. Baird lifted their price target on Aritzia from C$44.00 to C$48.00 and gave the stock an “outperform” rating in a research report on Thursday, October 14th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Aritzia has a consensus rating of “Buy” and a consensus target price of $59.75.
Shares of OTCMKTS:ATZAF opened at $47.61 on Thursday. Aritzia has a 12-month low of $19.96 and a 12-month high of $49.33. The business’s fifty day simple moving average is $40.50 and its 200-day simple moving average is $35.22.
Aritzia, Inc engages in the design of apparel and accessories for its collection of fashion brands. Its brands include Wilfred, Babaton, Tna, Wilfred Free, Sunday Best, Le Fou Wilfred, Denim Forum, Little Moon, and The Group by Babaton. It operates through Canada, and United States geographical segments.
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