Aritzia (OTCMKTS:ATZAF) PT Raised to C$65.00

Aritzia (OTCMKTS:ATZAF) had its price target lifted by stock analysts at BMO Capital Markets from C$49.00 to C$65.00 in a research report issued on Thursday, The Fly reports.

A number of other equities research analysts have also issued reports on the company. TD Securities raised their price target on Aritzia from C$57.00 to C$68.00 in a research note on Thursday. Royal Bank of Canada raised their price objective on Aritzia from C$52.00 to C$60.00 in a report on Thursday. raised their price objective 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 raised their price objective 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, Scotiabank lifted their price target on Aritzia from C$44.00 to C$49.00 and gave the company an “outperform” rating in a report on Friday, October 15th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Aritzia presently has a consensus rating of “Buy” and a consensus target price of $59.75.

OTCMKTS:ATZAF opened at $47.61 on Thursday. Aritzia has a 1 year low of $19.96 and a 1 year high of $49.33. The business has a 50 day simple moving average of $40.50 and a 200-day simple moving average 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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