Aritzia’s (ATZ) Outperform Rating Reiterated at BMO Capital Markets

Aritzia Inc (TSE:ATZ)‘s stock had its “outperform” rating reiterated by stock analysts at BMO Capital Markets in a research report issued to clients and investors on Tuesday, July 11th. They currently have a C$23.00 target price on the stock. BMO Capital Markets’ price objective indicates a potential upside of 81.39% from the company’s current price.

Several other equities research analysts also recently issued reports on the company. Royal Bank Of Canada decreased their price target on Aritzia from C$23.00 to C$21.00 and set an “outperform” rating for the company in a report on Wednesday, June 28th. William Blair restated an “outperform” rating on shares of Aritzia in a research note on Wednesday, May 10th. CIBC reduced their price objective on Aritzia from C$26.00 to C$22.00 in a research note on Thursday, May 11th. TD Securities restated a “buy” rating and issued a C$23.00 price objective on shares of Aritzia in a research note on Thursday, May 4th. Finally, Scotiabank restated an “outperform” rating and issued a C$23.00 price objective on shares of Aritzia in a research note on Friday, April 28th. Eight equities research analysts have rated the stock with a buy rating, Aritzia presently has an average rating of “Buy” and a consensus target price of C$22.43.

Aritzia (TSE ATZ) traded up 1.34% during mid-day trading on Tuesday, hitting $12.85. 124,114 shares of the company were exchanged. Aritzia has a 12-month low of $12.50 and a 12-month high of $19.40. The stock’s market cap is $1.41 billion. The company has a 50 day moving average of $14.41 and a 200 day moving average of $15.20.

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In related news, insider David John Maciver sold 8,244 shares of the stock in a transaction dated Monday, July 10th. The stock was sold at an average price of C$14.64, for a total transaction of C$120,692.16.

About Aritzia

Aritzia Inc operates as a design house and fashion retailer of women’s apparel and accessories. It designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, outerwear, leggings, sweatshirts, bodysuits, rompers and jumpsuits, intimates, and active wear; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, IPhone cases, and gloves.

Analyst Recommendations for Aritzia (TSE:ATZ)

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