TD Securities Trims Aritzia (TSE:ATZ) Target Price to C$43.00

Aritzia (TSE:ATZ) had its price target cut by TD Securities from C$45.00 to C$43.00 in a research report sent to investors on Friday, BayStreet.CA reports. They currently have a buy rating on the stock.

ATZ has been the subject of several other reports. CIBC lifted their price objective on shares of Aritzia from C$37.00 to C$41.00 and gave the stock an outperform rating in a research note on Friday. BMO Capital Markets lifted their price objective on shares of Aritzia from C$38.00 to C$41.00 and gave the company a market perform rating in a report on Thursday, February 15th. Raymond James increased their target price on shares of Aritzia from C$35.00 to C$46.00 and gave the stock an outperform rating in a report on Tuesday, March 19th. UBS Group upped their price objective on Aritzia from C$39.00 to C$50.00 in a research note on Thursday, February 8th. Finally, Stifel Nicolaus upped their price target on Aritzia from C$34.00 to C$42.00 in a research report on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of Moderate Buy and an average target price of C$41.60.

Aritzia Trading Down 0.9 %

Shares of TSE ATZ opened at C$35.82 on Friday. The stock has a market capitalization of C$3.22 billion, a P/E ratio of 44.22, a PEG ratio of 1.19 and a beta of 1.85. Aritzia has a 1-year low of C$20.67 and a 1-year high of C$41.25. The business’s 50 day moving average is C$35.50 and its two-hundred day moving average is C$31.08. The company has a debt-to-equity ratio of 103.38, a current ratio of 1.32 and a quick ratio of 0.19.

Insider Buying and Selling

In other Aritzia news, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of C$40.44, for a total value of C$63,409.92. 0.55% of the stock is currently owned by insiders.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.