Aritzia (TSE:ATZ) PT Lowered to C$43.00 at TD Securities

Aritzia (TSE:ATZ) had its price target decreased by TD Securities from C$45.00 to C$43.00 in a research note released on Friday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

A number of other analysts have also recently weighed in on ATZ. Canaccord Genuity Group upped their target price on shares of Aritzia from C$36.00 to C$38.00 and gave the company a buy rating in a research note on Thursday, January 11th. BMO Capital Markets upped their price objective on Aritzia from C$38.00 to C$41.00 and gave the company a market perform rating in a research note on Thursday, February 15th. UBS Group raised their target price on Aritzia from C$39.00 to C$50.00 in a research report on Thursday, February 8th. CIBC boosted their price target on Aritzia from C$37.00 to C$41.00 and gave the company an outperform rating in a research note on Friday. Finally, Raymond James increased their price objective on Aritzia from C$35.00 to C$46.00 and gave the stock an outperform rating in a research note on Tuesday, March 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Moderate Buy and an average target price of C$41.60.

Aritzia Stock Down 0.9 %

TSE ATZ opened at C$35.82 on Friday. Aritzia has a twelve month low of C$20.67 and a twelve month high of C$41.25. The stock has a market cap of C$3.22 billion, a PE ratio of 44.22, a PEG ratio of 1.19 and a beta of 1.85. The firm has a 50-day simple moving average of C$35.50 and a 200 day simple moving average of C$31.08. The company has a debt-to-equity ratio of 103.38, a quick ratio of 0.19 and a current ratio of 1.32.

Insider Transactions at Aritzia

In other news, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of Aritzia stock in a transaction dated Friday, February 9th. The stock was sold at an average price of C$40.44, for a total transaction of C$63,409.92. 0.55% of the stock is currently owned by corporate insiders.

About Aritzia

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.