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

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

Aritzia Stock Performance

Shares of Aritzia stock opened at C$71.17 on Friday. The firm has a 50 day simple moving average of C$54.38 and a 200 day simple moving average of C$48.58. The firm has a market cap of C$6.54 billion, a P/E ratio of 104.66, a P/E/G 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$71.84. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ATZ. Royal Bank of Canada boosted their price target on Aritzia from C$65.00 to C$73.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. CIBC upped their target price on shares of Aritzia from C$63.00 to C$75.00 and gave the stock an “outperform” rating in a report on Sunday, January 12th. Canaccord Genuity Group boosted their price target on shares of Aritzia from C$62.00 to C$70.00 and gave the company a “buy” rating in a research report on Sunday, January 12th. BMO Capital Markets raised their price objective on shares of Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a report on Thursday, January 9th. Finally, TD Securities boosted their target price on Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average 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.