Aritzia (OTCMKTS:ATZAF) Price Target Increased to $26.00 by Analysts at CIBC
Aritzia (OTCMKTS:ATZAF) had its target price increased by CIBC from $22.00 to $26.00 in a research note released on Friday morning, The Fly reports. They currently have an outperform rating on the stock.
ATZAF has been the subject of a number of other research reports. Royal Bank of Canada increased their target price on Aritzia from $23.00 to $24.00 and gave the stock an outperform rating in a report on Friday. TD Securities increased their price objective on Aritzia from $23.00 to $25.00 and gave the stock a buy rating in a report on Friday. Canaccord Genuity lifted their target price on Aritzia from $21.00 to $24.00 and gave the company a buy rating in a research report on Monday, June 1st. BMO Capital Markets upped their price target on Aritzia from $21.00 to $24.00 and gave the stock an outperform rating in a research report on Friday. Finally, Scotiabank raised their price target on shares of Aritzia from $21.50 to $23.50 and gave the stock an outperform rating in a research note on Friday. Six research analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and a consensus price target of $24.42.
Shares of ATZAF stock opened at $14.33 on Friday. Aritzia has a 12-month low of $6.45 and a 12-month high of $19.76. The firm has a fifty day moving average of $13.99 and a 200-day moving average of $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.
Further Reading: What is Cost of Goods Sold (COGS)?
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