Aritzia (TSE:ATZ) Given a C$73.00 Price Target at Stifel Nicolaus

Stifel Nicolaus set a C$73.00 price objective on Aritzia (TSE:ATZ) in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also weighed in on ATZ. Royal Bank of Canada lifted their target price on Aritzia from C$65.00 to C$73.00 and gave the stock an “outperform” rating in a report on Monday, January 13th. Desjardins set a C$82.00 target price on Aritzia and gave the stock a “buy” rating in a report on Wednesday, February 26th. BMO Capital Markets lifted their target price on Aritzia from C$68.00 to C$80.00 in a report on Friday, February 14th. TD Securities lifted their target price on Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. Finally, Canaccord Genuity Group lifted their target price on Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. One equities research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$62.52.

Aritzia Stock Up 0.3 %

Shares of Aritzia stock opened at C$52.40 on Thursday. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. Aritzia has a 12 month low of C$31.82 and a 12 month high of C$73.44. The business has a fifty day simple moving average of C$65.80 and a 200 day simple moving average of C$53.98. The stock has a market cap of C$6.25 billion, a PE ratio of 46.04, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83.

Insider Activity

In related news, Senior Officer Margot Johnson sold 3,500 shares of Aritzia stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of C$72.14, for a total value of C$252,490.00. Also, Director Jennifer Wong sold 12,609 shares of Aritzia stock in a transaction dated Friday, January 17th. The shares were sold at an average price of C$68.75, for a total value of C$866,868.75. Insiders have sold a total of 56,298 shares of company stock worth $3,801,028 over the last three months. Corporate insiders own 0.94% of the company’s stock.

Aritzia Company Profile

Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories.