Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$211,912.30 in Stock

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

Aritzia Trading Up 1.2 %

Shares of Aritzia stock traded up C$0.80 during trading on Thursday, reaching C$69.82. 395,037 shares of the company were exchanged, compared to its average volume of 759,582. Aritzia Inc. has a twelve month low of C$31.82 and a twelve month high of C$70.80. The business has a 50-day moving average price of C$53.41 and a 200-day moving average price of C$48.14. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 97.38. The firm has a market capitalization of C$6.41 billion, a price-to-earnings ratio of 102.68, a P/E/G ratio of 1.19 and a beta of 1.83.

Analysts Set New Price Targets

ATZ has been the subject of a number of recent analyst reports. Raymond James raised their price target on Aritzia from C$58.00 to C$65.00 and gave the company a “market perform” rating in a report on Monday, January 13th. Canaccord Genuity Group increased their price objective on shares of Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. Royal Bank of Canada boosted their target price on shares of Aritzia from C$65.00 to C$73.00 and gave the stock an “outperform” rating in a research note on Monday, January 13th. 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 note on Sunday, January 12th. Finally, Stifel Nicolaus boosted their price objective on shares of Aritzia from C$66.00 to C$70.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$66.56.

About Aritzia

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.