Aritzia’s (ATZ) Buy Rating Reiterated at TD Securities

Share on StockTwits

TD Securities restated their buy rating on shares of Aritzia (TSE:ATZ) in a research note released on Monday morning. They currently have a C$21.00 target price on the stock.

ATZ has been the subject of a number of other reports. BMO Capital Markets lifted their price target on shares of Aritzia from C$20.00 to C$21.00 in a research note on Friday, October 19th. Robert W. Baird set a C$20.00 target price on shares of Aritzia in a research report on Wednesday, January 2nd. CIBC boosted their target price on shares of Aritzia from C$22.00 to C$23.00 in a research report on Friday, October 5th. Finally, Royal Bank of Canada boosted their target price on shares of Aritzia from C$21.00 to C$22.00 and gave the company an outperform rating in a research report on Friday, October 5th.

Shares of ATZ stock opened at C$16.26 on Monday. Aritzia has a 52 week low of C$11.59 and a 52 week high of C$19.79. The company has a debt-to-equity ratio of 23.44, a current ratio of 2.03 and a quick ratio of 0.65.

Aritzia (TSE:ATZ) last announced its quarterly earnings results on Wednesday, January 9th. The company reported C$0.28 EPS for the quarter, topping analysts’ consensus estimates of C$0.27 by C$0.01. The company had revenue of C$242.88 million during the quarter, compared to the consensus estimate of C$235.50 million. As a group, equities analysts predict that Aritzia will post 0.930000037623263 EPS for the current year.

In related news, insider Philippa (Pippa) Morgan sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 16th. The shares were sold at an average price of C$18.80, for a total transaction of C$376,000.00. Also, Director Jennifer Michelle Wong Neal sold 5,300 shares of the business’s stock in a transaction that occurred on Monday, October 15th. The shares were sold at an average price of C$18.40, for a total transaction of C$97,520.00.

About Aritzia

Aritzia Inc, together with its subsidiaries, operates as a design house and fashion retailer of women's apparel and accessories. The company designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, leggings, sweatshirts, bodysuits, puffers, jumpsuits, and intimates; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, iPhone cases, and gloves.

Read More: What are Institutional Investors?

Receive News & Ratings for Aritzia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aritzia and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Tenet Healthcare  Stock Rating Lowered by Zacks Investment Research
Tenet Healthcare Stock Rating Lowered by Zacks Investment Research
Zacks: Analysts Anticipate Algonquin Power & Utilities Corp  to Announce $0.13 Earnings Per Share
Zacks: Analysts Anticipate Algonquin Power & Utilities Corp to Announce $0.13 Earnings Per Share
Blue River Resources  Stock Price Up 25%
Blue River Resources Stock Price Up 25%
Inovalon  Hits New 12-Month High at $14.87
Inovalon Hits New 12-Month High at $14.87
Zacks: Analysts Anticipate First Defiance Financial  Will Post Earnings of $0.56 Per Share
Zacks: Analysts Anticipate First Defiance Financial Will Post Earnings of $0.56 Per Share
Brokerages Set $15.75 Target Price for International Money Express Inc
Brokerages Set $15.75 Target Price for International Money Express Inc


Leave a Reply

© 2006-2019 Ticker Report