Aritzia (OTCMKTS:ATZAF) Given New $23.50 Price Target at Scotiabank
Aritzia (OTCMKTS:ATZAF) had its price target increased by Scotiabank from $21.50 to $23.50 in a research note issued to investors on Friday, The Fly reports. They currently have an outperform rating on the stock.
Several other brokerages have also weighed in on ATZAF. Canaccord Genuity increased their target price on Aritzia from $21.00 to $24.00 and gave the stock a buy rating in a research report on Monday, June 1st. CIBC increased their price objective on shares of Aritzia from $19.00 to $22.00 and gave the stock an outperform rating in a report on Monday, June 1st. BMO Capital Markets boosted their target price on shares of Aritzia from $17.00 to $21.00 and gave the company an outperform rating in a research note on Friday, May 29th. Royal Bank of Canada dropped their price target on shares of Aritzia from $27.00 to $23.00 and set an outperform rating on the stock in a research note on Thursday, May 21st. Finally, TD Securities boosted their price objective on Aritzia from $23.00 to $25.00 and gave the stock a buy rating in a research report on Friday. Six equities research analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus price target of $24.42.
Shares of Aritzia stock opened at $14.33 on Friday. Aritzia has a twelve month low of $6.45 and a twelve month high of $19.76. The business’s 50 day simple moving average is $13.99 and its 200-day simple moving average is $13.91.
Aritzia Inc, together with its subsidiaries, operates as a design house and fashion retailer of women's apparel and accessories. The company designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, leggings, sweatshirts, bodysuits, puffers, jumpsuits, and intimates; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, iPhone cases, and gloves.
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