TD Securities Raises Aritzia (TSE:ATZ) Price Target to C$46.00

Aritzia (TSE:ATZFree Report) had its price target raised by TD Securities from C$43.00 to C$46.00 in a report issued on Wednesday, BayStreet.CA reports. They currently have a buy rating on the stock.

Several other analysts have also recently issued reports on ATZ. CIBC upped their target price on Aritzia from C$37.00 to C$41.00 and gave the company an outperform rating in a report on Friday, May 3rd. Raymond James lowered their price target on Aritzia from C$46.00 to C$43.00 and set an outperform rating for the company in a report on Friday, May 3rd. BMO Capital Markets upgraded Aritzia from a market perform rating to an outperform rating and increased their price target for the stock from C$41.00 to C$50.00 in a report on Friday, May 3rd. Stifel Nicolaus increased their price target on Aritzia from C$34.00 to C$42.00 in a report on Wednesday, April 3rd. Finally, Canaccord Genuity Group increased their price target on Aritzia from C$38.00 to C$40.00 and gave the stock a buy rating in a report on Friday, May 3rd. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of Moderate Buy and an average target price of C$41.90.

Read Our Latest Stock Report on ATZ

Aritzia Trading Down 3.2 %

Shares of ATZ stock opened at C$37.25 on Wednesday. The company has a debt-to-equity ratio of 99.80, a current ratio of 1.40 and a quick ratio of 0.19. The company has a market cap of C$3.39 billion, a price-to-earnings ratio of 53.99, a PEG ratio of 1.19 and a beta of 1.84. The stock has a 50 day simple moving average of C$35.11 and a 200-day simple moving average of C$33.85. Aritzia has a 1-year low of C$20.67 and a 1-year high of C$41.25.

Aritzia (TSE:ATZGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The company reported C$0.21 EPS for the quarter, missing the consensus estimate of C$0.29 by C($0.08). Aritzia had a net margin of 3.38% and a return on equity of 10.55%. The firm had revenue of C$681.97 million during the quarter, compared to analyst estimates of C$681.70 million. On average, equities research analysts expect that Aritzia will post 1.7411386 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Senior Officer Karen Kwan sold 5,000 shares of Aritzia stock in a transaction on Thursday, May 16th. The stock was sold at an average price of C$34.00, for a total value of C$170,000.00. In other Aritzia news, Senior Officer Karen Kwan sold 5,000 shares of the business’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of C$34.00, for a total transaction of C$170,000.00. Also, Senior Officer David John Maciver sold 173,254 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of C$36.64, for a total value of C$6,348,026.56. Over the last ninety days, insiders sold 185,254 shares of company stock valued at $6,750,057. 0.55% of the stock is owned by insiders.

Aritzia Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Aritzia (TSE:ATZ)

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