Aritzia Inc. (OTCMKTS:ATZAF) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Aritzia Inc. (OTCMKTS:ATZAF) have earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company.

ATZAF has been the topic of several recent analyst reports. Jefferies Financial Group downgraded Aritzia from a “buy” rating to a “hold” rating in a research note on Tuesday, October 13th. TD Securities reissued a “buy” rating on shares of Aritzia in a report on Wednesday. BMO Capital Markets restated an “outperform” rating on shares of Aritzia in a research note on Thursday, October 8th. Scotiabank reaffirmed an “outperform” rating on shares of Aritzia in a report on Wednesday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Aritzia in a research report on Friday, October 9th.

Aritzia Trading Down 0.9%

OTCMKTS:ATZAF opened at $109.62 on Thursday. The company’s 50 day moving average price is $94.51 and its 200-day moving average price is $96.54. Aritzia has a 52 week low of $65.60 and a 52 week high of $124.48.

Aritzia Company Profile

Aritzia Inc is a Canadian design house and fashion retailer focused on women’s apparel and accessories. The company develops and sells clothing across categories including everyday essentials, workwear, occasionwear, outerwear, activewear and intimates, along with accessories and lifestyle products.

Founded in 1984 by Brian Hill, Aritzia operates a portfolio of in-house brands, including Wilfred, Babaton, Tna, Sunday Best, Super Puff and Denim Forum. Its products are sold through a network of boutiques in Canada and the United States, as well as through its e-commerce platform.

Aritzia is headquartered in Vancouver, British Columbia.