Aritzia Inc. (TSE:ATZ – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$163.93 and last traded at C$163.82, with a volume of 33208 shares traded. The stock had previously closed at C$159.45.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. TD increased their price objective on Aritzia from C$155.00 to C$183.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Truist Financial increased their price objective on Aritzia from C$164.00 to C$185.00 in a research report on Friday, May 8th. Royal Bank Of Canada increased their price objective on Aritzia from C$175.00 to C$193.00 and gave the company an “outperform” rating in a research report on Sunday, May 10th. Desjardins increased their price objective on Aritzia from C$148.00 to C$175.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, BMO Capital Markets increased their price objective on Aritzia from C$163.00 to C$188.00 in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$174.08.
Get Our Latest Analysis on ATZ
Aritzia Stock Down 1.4%
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. Its geographical segments include Canada and the United States. The company generates the majority of revenue from Retail, followed by eCommerce.
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