Aritzia (TSE:ATZ) PT Raised to C$41.00 at CIBC

Aritzia (TSE:ATZ) had its price target boosted by CIBC from C$37.00 to C$41.00 in a research report sent to investors on Friday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Stifel Nicolaus upped their price target on shares of Aritzia from C$34.00 to C$42.00 in a report on Wednesday, April 3rd. BMO Capital Markets raised their price objective on Aritzia from C$38.00 to C$41.00 and gave the stock a market perform rating in a research report on Thursday, February 15th. Raymond James upped their target price on Aritzia from C$35.00 to C$46.00 and gave the company an outperform rating in a research note on Tuesday, March 19th. UBS Group lifted their price target on shares of Aritzia from C$39.00 to C$50.00 in a research note on Thursday, February 8th. Finally, Canaccord Genuity Group increased their price objective 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. 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 MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus target price of C$41.60.

Aritzia Price Performance

Shares of TSE:ATZ opened at C$35.82 on Friday. The stock has a market capitalization of C$3.22 billion, a P/E ratio of 44.22, a P/E/G ratio of 1.19 and a beta of 1.85. The business has a 50-day moving average of C$35.50 and a two-hundred day moving average of C$31.08. Aritzia has a fifty-two week low of C$20.67 and a fifty-two week high of C$41.25. The company has a debt-to-equity ratio of 103.38, a current ratio of 1.32 and a quick ratio of 0.19.

Insider Buying and Selling

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

Aritzia Company Profile

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.