Aritzia (TSE:ATZ) Given New C$43.00 Price Target at TD Securities

Aritzia (TSE:ATZ) had its price target trimmed by TD Securities from C$45.00 to C$43.00 in a research note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other analysts also recently issued reports on the stock. Canaccord Genuity Group lifted their price target on shares of Aritzia from C$36.00 to C$38.00 and gave the company a buy rating in a report on Thursday, January 11th. Stifel Nicolaus boosted their target price on Aritzia from C$34.00 to C$42.00 in a research report on Wednesday, April 3rd. CIBC raised their price target on Aritzia from C$37.00 to C$41.00 and gave the company an outperform rating in a report on Friday. UBS Group upped their price objective on Aritzia from C$39.00 to C$50.00 in a report on Thursday, February 8th. Finally, BMO Capital Markets increased their target price on Aritzia from C$38.00 to C$41.00 and gave the company a market perform rating in a research report on Thursday, February 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and an average price target of C$41.60.

Aritzia Trading Down 0.9 %

ATZ stock opened at C$35.82 on Friday. The company has a market capitalization of C$3.22 billion, a price-to-earnings ratio of 44.22, a PEG ratio of 1.19 and a beta of 1.85. The company has a debt-to-equity ratio of 103.38, a current ratio of 1.32 and a quick ratio of 0.19. Aritzia has a 1-year low of C$20.67 and a 1-year high of C$41.25. The business has a 50 day simple moving average of C$35.50 and a two-hundred day simple moving average of C$30.99.

Insiders Place Their Bets

In other news, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of C$40.44, for a total value of C$63,409.92. 0.55% of the stock is owned by insiders.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.