Aritzia (TSE:ATZ) Given New C$84.00 Price Target at BMO Capital Markets

Aritzia (TSE:ATZ) had its target price hoisted by BMO Capital Markets from C$80.00 to C$84.00 in a research report report published on Thursday morning,BayStreet.CA reports.

ATZ has been the subject of a number of other research reports. Raymond James Financial lifted their target price on shares of Aritzia from C$60.00 to C$78.00 and gave the stock an “outperform” rating in a report on Tuesday, June 3rd. Royal Bank Of Canada lifted their target price on shares of Aritzia from C$68.00 to C$85.00 and gave the stock an “outperform” rating in a report on Monday. TD Securities lifted their price target on shares of Aritzia from C$70.00 to C$81.00 and gave the stock a “buy” rating in a research report on Monday, June 9th. Canaccord Genuity Group reduced their price target on shares of Aritzia from C$70.00 to C$64.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Finally, Stifel Nicolaus reduced their price target on shares of Aritzia from C$73.00 to C$66.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$72.60.

Aritzia Price Performance

ATZ opened at C$74.05 on Thursday. The company has a fifty day moving average price of C$66.91 and a two-hundred day moving average price of C$60.75. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29. Aritzia has a 52 week low of C$36.51 and a 52 week high of C$75.72. The firm has a market capitalization of C$8.83 billion, a PE ratio of 65.06, a P/E/G ratio of 1.19 and a beta of 1.83.

Insider Buying and Selling

In other Aritzia news, Director Jennifer Wong sold 15,000 shares of Aritzia stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of C$68.25, for a total value of C$1,023,750.00. Also, Senior Officer Todd Jeremy Ingledew sold 30,000 shares of Aritzia stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$67.92, for a total value of C$2,037,600.00. In the last ninety days, insiders sold 60,000 shares of company stock valued at $4,042,550. Company insiders own 0.94% of the company’s stock.

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.