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 research report report published on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on ATZ. TD Securities decreased their price objective on shares of Aritzia from C$74.00 to C$66.00 and set a “buy” rating for the company in a report on Thursday. Desjardins set a C$82.00 target price on shares of Aritzia and gave the company a “buy” rating in a research note on Wednesday, February 26th. Canaccord Genuity Group raised their price target on Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a research note on Sunday, January 12th. BMO Capital Markets reduced their price objective on Aritzia from C$80.00 to C$74.00 in a research report on Thursday, April 17th. Finally, CIBC dropped their target price on Aritzia from C$75.00 to C$57.00 in a research report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Aritzia presently has an average rating of “Moderate Buy” and a consensus price target of C$65.60.

Aritzia Trading Up 3.1 %

Shares of TSE:ATZ opened at C$47.35 on Thursday. Aritzia has a 1 year low of C$31.82 and a 1 year high of C$73.44. The stock’s fifty day moving average price is C$52.74 and its 200-day moving average price is C$53.85. The company has a market cap of C$5.65 billion, a P/E ratio of 41.60, a PEG ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19.

Insiders Place Their Bets

In related news, Senior Officer Margot Johnson sold 3,500 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of C$72.14, for a total value of C$252,490.00. 0.94% of the stock is owned by company insiders.

About Aritzia

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.