Aritzia (TSE:ATZ – Get Free Report) had its price objective upped by BMO Capital Markets from C$52.00 to C$57.00 in a report issued on Friday, BayStreet.CA reports. BMO Capital Markets’ target price suggests a potential upside of 22.27% from the company’s previous close.
ATZ has been the topic of several other research reports. CIBC upped their price objective on Aritzia from C$47.00 to C$60.00 in a report on Friday. UBS Group upped their price target on Aritzia from C$53.00 to C$54.00 in a research note on Friday, July 12th. Raymond James lifted their price objective on Aritzia from C$43.00 to C$48.00 and gave the stock an “outperform” rating in a research report on Monday, July 15th. TD Securities cut their target price on shares of Aritzia from C$60.00 to C$58.00 in a research report on Friday. Finally, Canaccord Genuity Group lifted their price target on shares of Aritzia from C$46.00 to C$52.00 and gave the stock a “buy” rating in a research report on Monday, July 29th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Aritzia presently has an average rating of “Moderate Buy” and a consensus target price of C$55.38.
Get Our Latest Stock Report on Aritzia
Aritzia Price Performance
Aritzia (TSE:ATZ – Get Free Report) last announced its 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 return on equity of 9.84% and a net margin of 3.26%. The company had revenue of C$615.66 million during the quarter, compared to the consensus estimate of C$581.10 million. As a group, equities research analysts expect that Aritzia will post 1.7771148 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, Director Jennifer Wong sold 11,800 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of C$47.75, for a total value of C$563,450.00. In related news, Senior Officer Karen Kwan sold 10,000 shares of the firm’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of C$47.70, for a total transaction of C$477,000.00. Also, Director Jennifer Wong sold 11,800 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of C$47.75, for a total transaction of C$563,450.00. Company insiders own 0.94% of the company’s stock.
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.
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