Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan Sells 3,023 Shares of Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan sold 3,023 shares of the company’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of C$70.10, for a total value of C$211,912.30.

Aritzia Stock Up 1.2 %

ATZ opened at C$69.82 on Friday. The company has a fifty day moving average of C$53.41 and a two-hundred day moving average of C$48.14. The stock has a market capitalization of C$6.41 billion, a price-to-earnings ratio of 102.68, a PEG ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a fifty-two week low of C$31.82 and a fifty-two week high of C$70.80. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ATZ. TD Securities raised their price objective on Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a research note on Sunday, January 12th. Royal Bank of Canada lifted their price objective on shares of Aritzia from C$65.00 to C$73.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. Stifel Nicolaus increased their price objective on shares of Aritzia from C$66.00 to C$70.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Canaccord Genuity Group raised their target price on shares of Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. Finally, Raymond James increased their price target on Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$66.56.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.