BMO Capital Markets reaffirmed their outperform rating on shares of Aritzia (TSE:ATZ) in a research note released on Friday. The brokerage currently has a C$21.00 price objective on the stock.

Other equities analysts also recently issued reports about the stock. Robert W. Baird set a C$20.00 target price on shares of Aritzia in a research report on Wednesday, January 2nd. CIBC increased their target price on shares of Aritzia from C$22.00 to C$23.00 in a research report on Friday, October 5th. TD Securities reissued a buy rating and set a C$21.00 target price on shares of Aritzia in a research report on Monday, January 7th. Finally, Royal Bank of Canada increased their target price on shares of Aritzia from C$21.00 to C$22.00 and gave the stock an outperform rating in a research report on Friday, October 5th.

Aritzia stock traded up C$0.75 during mid-day trading on Friday, hitting C$17.01. 688,000 shares of the company’s stock were exchanged, compared to its average volume of 537,102. 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 has a 1-year low of C$11.59 and a 1-year high of C$19.79.

Aritzia (TSE:ATZ) last posted its earnings results on Wednesday, January 9th. The company reported C$0.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.27 by C$0.01. The business had revenue of C$242.88 million for the quarter, compared to analyst estimates of C$235.50 million. Sell-side analysts anticipate that Aritzia will post 0.930000037623263 EPS for the current year.

In other Aritzia news, insider Philippa (Pippa) Morgan sold 20,000 shares of the company’s stock in a transaction dated 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 company’s stock in a transaction dated 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: Understanding debt-to-equity ratio in fundamental analysis

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.