Aritzia (TSE:ATZ – Free Report) had its price target increased by Stifel Nicolaus from C$50.00 to C$58.00 in a research report report published on Friday morning, BayStreet.CA reports.
A number of other equities analysts have also recently issued reports on the company. CIBC raised their target price on Aritzia from C$41.00 to C$47.00 and gave the stock an outperform rating in a report on Monday, July 15th. Raymond James raised their target price on shares of Aritzia from C$43.00 to C$48.00 and gave the stock an outperform rating in a report on Monday, July 15th. BMO Capital Markets raised their target price on shares of Aritzia from C$50.00 to C$52.00 in a research report on Friday, July 12th. TD Securities lowered their target price on Aritzia from C$60.00 to C$58.00 in a research report on Friday. Finally, UBS Group increased their price target on Aritzia from C$53.00 to C$54.00 in a research report on Friday, July 12th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of Moderate Buy and a consensus target price of C$55.38.
Get Our Latest Stock Analysis on ATZ
Aritzia Trading Down 5.6 %
Aritzia (TSE:ATZ – Get Free Report) last posted its quarterly earnings results on Thursday, October 10th. The company reported C$0.11 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.13 by C($0.02). Aritzia had a net margin of 3.26% and a return on equity of 9.84%. The company had revenue of C$615.66 million during the quarter, compared to analyst estimates of C$581.10 million. On average, analysts predict that Aritzia will post 1.7771148 EPS for the current year.
Insider Activity at Aritzia
In other news, Director Jennifer Wong sold 11,800 shares of the stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of C$47.75, for a total transaction of C$563,450.00. In other Aritzia news, Director Jennifer Wong sold 11,800 shares of the stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of C$47.75, for a total transaction of C$563,450.00. Also, Senior Officer Karen Kwan sold 10,000 shares of the business’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of C$47.70, for a total value of C$477,000.00. 0.94% of the stock is currently owned by corporate insiders.
About Aritzia
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.
See Also
- Five stocks we like better than Aritzia
- What is a Bond Market Holiday? How to Invest and Trade
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
- Conference Calls and Individual Investors
- China’s EV Rally: Should Investors Chase, Avoid, or Buy the Dip?
- What is a Special Dividend?
- MarketBeat Week in Review – 10/7 – 10/11
Receive News & Ratings for Aritzia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aritzia and related companies with MarketBeat.com's FREE daily email newsletter.