Aritzia (TSE:ATZ – Free Report) had its price target reduced by TD Securities from C$60.00 to C$58.00 in a research note issued to investors on Friday, BayStreet.CA reports.
A number of other analysts have also weighed in on ATZ. Canaccord Genuity Group upped their price objective on Aritzia from C$46.00 to C$52.00 and gave the stock a buy rating in a research report on Monday, July 29th. Raymond James lifted their target price on Aritzia from C$43.00 to C$48.00 and gave the company an outperform rating in a research note on Monday, July 15th. CIBC upped their price target on Aritzia from C$41.00 to C$47.00 and gave the stock an outperform rating in a research note on Monday, July 15th. BMO Capital Markets increased their price target on shares of Aritzia from C$50.00 to C$52.00 in a report on Friday, July 12th. Finally, UBS Group increased their price objective on Aritzia from C$53.00 to C$54.00 in a research report on Friday, July 12th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average target price of C$55.38.
View Our Latest Research Report on Aritzia
Aritzia Stock Down 5.6 %
Aritzia (TSE:ATZ – Get Free Report) last announced its quarterly earnings data on Thursday, October 10th. The company reported C$0.11 EPS for the quarter, missing analysts’ consensus estimates of C$0.13 by C($0.02). The company had revenue of C$615.66 million for the quarter, compared to analysts’ expectations of C$581.10 million. Aritzia had a return on equity of 9.84% and a net margin of 3.26%. On average, research analysts forecast that Aritzia will post 1.7771148 EPS for the current year.
Insider Activity
In other news, Senior Officer Karen Kwan sold 10,000 shares of the stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of C$47.70, for a total value of C$477,000.00. In other news, Director Jennifer Wong sold 11,800 shares of the company’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. Also, Senior Officer Karen Kwan sold 10,000 shares of the company’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of C$47.70, for a total transaction of C$477,000.00. Insiders own 0.94% of the company’s stock.
Aritzia Company Profile
Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.
Recommended Stories
- Five stocks we like better than Aritzia
- What is MarketRank™? How to Use it
- Why Fastenal Stock Could Hit New Highs After Strong Q3 Results
- What is a buyback in stocks? A comprehensive guide for investors
- Why Eli Lilly Stock Is Soaring—and How It Plans to Stay on Top
- CD Calculator: Certificate of Deposit Calculator
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
Receive News & Ratings for Aritzia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aritzia and related companies with MarketBeat.com's FREE daily email newsletter.