Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan Sells 3,023 Shares

Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan sold 3,023 shares of the stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of C$70.10, for a total value of C$211,912.30.

Aritzia Stock Up 1.9 %

ATZ stock opened at C$71.17 on Friday. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19. The stock has a market capitalization of C$6.54 billion, a P/E ratio of 104.66, a P/E/G ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a fifty-two week low of C$31.82 and a fifty-two week high of C$71.84. The business has a 50-day moving average of C$54.38 and a 200-day moving average of C$48.58.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. CIBC increased their price target on shares of Aritzia from C$63.00 to C$75.00 and gave the company an “outperform” rating in a research report on Sunday, January 12th. BMO Capital Markets increased their target price on shares of Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a report on Thursday, January 9th. TD Securities upped their price objective on shares of Aritzia from C$68.00 to C$75.00 and gave the company a “buy” rating in a research report on Sunday, January 12th. Stifel Nicolaus raised their price objective on Aritzia from C$66.00 to C$70.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Finally, Canaccord Genuity Group boosted their target price on Aritzia from C$62.00 to C$70.00 and gave the company a “buy” rating in a research note on Sunday, January 12th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$66.56.

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.