Aritzia Inc (ATZ) Receives Average Rating of “Buy” from Brokerages
Shares of Aritzia Inc (TSE:ATZ) have received an average rating of “Buy” from the eight analysts that are currently covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$22.43.
Several research firms have recently weighed in on ATZ. Scotiabank reduced their price objective on shares of Aritzia from C$23.00 to C$22.00 and set an “outperform” rating for the company in a research report on Thursday. BMO Capital Markets restated an “outperform” rating and set a C$23.00 price objective on shares of Aritzia in a research report on Tuesday, July 11th. Royal Bank Of Canada reduced their price objective on shares of Aritzia from C$23.00 to C$21.00 and set an “outperform” rating for the company in a research report on Wednesday, June 28th. William Blair restated an “outperform” rating on shares of Aritzia in a research report on Wednesday, May 10th. Finally, CIBC reduced their price objective on shares of Aritzia from C$26.00 to C$22.00 in a research report on Thursday, May 11th.
Shares of Aritzia (TSE:ATZ) traded down 0.50% during trading on Monday, reaching $13.97. 34,676 shares of the company’s stock were exchanged. The firm’s market capitalization is $1.53 billion. The company’s 50-day moving average price is $15.05 and its 200 day moving average price is $15.72. Aritzia has a 52 week low of $13.64 and a 52 week high of $19.40.
COPYRIGHT VIOLATION NOTICE: This report was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another website, it was illegally stolen and republished in violation of international copyright laws. The correct version of this report can be read at https://www.watchlistnews.com/aritzia-inc-atz-receives-average-rating-of-buy-from-brokerages/1445277.html.
In other Aritzia news, insider David John Maciver sold 8,244 shares of the firm’s stock in a transaction dated Monday, July 10th. The shares were sold at an average price of C$14.64, for a total value of C$120,692.16.
Aritzia Company Profile
Aritzia Inc is a Canada-based design house and fashion retailer of exclusive brands. The Company conceives, creates, develops and sells a mix of women’s fashion products directly to its customers. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner.
Receive News & Ratings for Aritzia Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aritzia Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.