Aritzia Inc. (TSE:ATZ – Get Free Report) has earned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$50.00.
A number of analysts have commented on the stock. Stifel Nicolaus upped their price target on shares of Aritzia from C$42.00 to C$50.00 and gave the company a “buy” rating in a research report on Friday, July 12th. UBS Group upped their price target on shares of Aritzia from C$53.00 to C$54.00 in a research report on Friday, July 12th. BMO Capital Markets upped their price target on shares of Aritzia from C$50.00 to C$52.00 in a research report on Friday, July 12th. Raymond James increased their price objective on shares of Aritzia from C$43.00 to C$48.00 and gave the stock an “outperform” rating in a research report on Monday, July 15th. Finally, TD Securities increased their price objective on shares of Aritzia from C$46.00 to C$50.00 in a research report on Friday, July 12th.
Check Out Our Latest Report on ATZ
Aritzia Stock Performance
Aritzia (TSE:ATZ – Get Free Report) last issued its quarterly earnings results on Thursday, July 11th. The company reported C$0.16 EPS for the quarter, beating analysts’ consensus estimates of C$0.13 by C$0.03. The business had revenue of C$498.63 million for the quarter, compared to analysts’ expectations of C$487.16 million. Aritzia had a net margin of 3.26% and a return on equity of 9.84%. Sell-side analysts expect that Aritzia will post 1.799772 EPS for the current year.
Insider Activity at Aritzia
In related news, Director Jennifer Wong sold 11,800 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of C$47.75, for a total value of C$563,450.00. In related news, Senior Officer Karen Kwan sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of C$47.70, for a total value of C$477,000.00. Also, Director Jennifer Wong sold 11,800 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of C$47.75, for a total transaction of C$563,450.00. 0.94% of the stock is owned by insiders.
About Aritzia
Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.
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