Aritzia (OTCMKTS:ATZAF) PT Raised to C$60.00

Aritzia (OTCMKTS:ATZAF) had its target price lifted by stock analysts at Royal Bank of Canada from C$52.00 to C$60.00 in a note issued to investors on Thursday, The Fly reports.

A number of other research analysts have also recently commented on ATZAF. CIBC increased their target price on shares of Aritzia from C$43.00 to C$52.00 and gave the stock an “outperform” rating in a report on Thursday, October 14th. Scotiabank increased their target price on Aritzia from C$44.00 to C$49.00 and gave the stock an “outperform” rating in a report on Friday, October 15th. increased their target price on Aritzia from C$43.00 to C$50.00 and gave the stock a “buy” rating in a report on Thursday, October 14th. They noted that the move was a valuation call. Robert W. Baird increased their target price on Aritzia from C$44.00 to C$48.00 and gave the stock an “outperform” rating in a report on Thursday, October 14th. Finally, BMO Capital Markets increased their target price on Aritzia from C$43.00 to C$49.00 and gave the stock an “outperform” rating in a report on Thursday, October 14th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Aritzia has a consensus rating of “Buy” and an average price target of $59.75.

ATZAF stock opened at $47.61 on Thursday. Aritzia has a 12 month low of $19.96 and a 12 month high of $49.33. The firm has a 50-day moving average price of $40.50 and a 200-day moving average price of $35.22.

About Aritzia

Aritzia, Inc engages in the design of apparel and accessories for its collection of fashion brands. Its brands include Wilfred, Babaton, Tna, Wilfred Free, Sunday Best, Le Fou Wilfred, Denim Forum, Little Moon, and The Group by Babaton. It operates through Canada, and United States geographical segments.

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