Aritzia Inc. (OTCMKTS:ATZAF) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Aritzia Inc. (OTCMKTS:ATZAF) have been assigned a consensus rating of “Buy” from the eight analysts that are currently covering the company, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy rating.

Several analysts have weighed in on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of Aritzia in a research note on Tuesday, October 28th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Aritzia in a report on Friday, January 9th. The Goldman Sachs Group began coverage on Aritzia in a report on Thursday, December 11th. They set a “buy” rating for the company. BMO Capital Markets reiterated an “outperform” rating on shares of Aritzia in a research report on Friday, December 19th. Finally, UBS Group restated a “buy” rating on shares of Aritzia in a report on Wednesday, December 31st.

Aritzia Stock Down 4.1%

Shares of ATZAF stock opened at $89.91 on Friday. The stock’s fifty day simple moving average is $86.71 and its 200 day simple moving average is $73.18. Aritzia has a one year low of $25.48 and a one year high of $100.27.

About Aritzia

Aritzia Inc is a Canadian fashion retailer specializing in women’s apparel and accessories. Founded in 1984 by Brian Hill in Vancouver, British Columbia, the company has grown from a single boutique into a vertically integrated lifestyle brand. Aritzia designs, manufactures and markets a range of in-house labels, including TNA, Wilfred, Babaton and Super Puff, catering to a contemporary female clientele that values both trend-driven and timeless wardrobe essentials.

The company’s product assortment spans outerwear, knitwear, denim, suiting, activewear and accessories, with an emphasis on quality fabrics, fit and craftsmanship.