Aritzia (TSE:ATZ) Given a C$82.00 Price Target by Desjardins Analysts

Desjardins set a C$82.00 target price on Aritzia (TSE:ATZ) in a research report report published on Wednesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

ATZ has been the subject of a number of other research reports. Stifel Nicolaus increased their target price on Aritzia from C$66.00 to C$70.00 and gave the company a “buy” rating in a report on Monday, January 13th. CIBC increased their price objective on Aritzia from C$63.00 to C$75.00 and gave the company an “outperform” rating in a research note on Sunday, January 12th. Raymond James lifted their target price on shares of Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a research note on Monday, January 13th. BMO Capital Markets increased their target price on shares of Aritzia from C$68.00 to C$80.00 in a research report on Friday, February 14th. Finally, Royal Bank of Canada boosted their price target on shares of Aritzia from C$65.00 to C$73.00 and gave the stock an “outperform” rating in a research report on Monday, January 13th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Aritzia has an average rating of “Moderate Buy” and an average price target of C$69.60.

Aritzia Stock Up 1.6 %

Aritzia stock opened at C$67.08 on Wednesday. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19. The stock has a market capitalization of C$8.00 billion, a PE ratio of 58.94, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The business has a 50 day simple moving average of C$64.04 and a 200-day simple moving average of C$52.48. Aritzia has a 12 month low of C$31.82 and a 12 month high of C$73.44.

Insider Buying and Selling at Aritzia

In other Aritzia news, Senior Officer Margot Johnson sold 3,500 shares of Aritzia stock in a transaction on 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 the firm’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of C$68.75, for a total value of C$866,868.75. Insiders have sold 56,298 shares of company stock worth $3,801,028 in the last ninety days. 0.94% of the stock is owned by insiders.

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.