Aritzia Inc (OTCMKTS:ATZAF) Receives $21.42 Average Price Target from Brokerages
Shares of Aritzia Inc (OTCMKTS:ATZAF) have been given a consensus rating of “Buy” by the six research firms that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $22.42.
Several equities research analysts have issued reports on the company. Canaccord Genuity lifted their price objective on Aritzia from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Monday. TD Securities lifted their price objective on Aritzia from $17.50 to $23.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Scotiabank lifted their price objective on Aritzia from $17.00 to $21.50 and gave the stock an “outperform” rating in a report on Friday, May 29th. BMO Capital Markets boosted their price target on Aritzia from $17.00 to $21.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Finally, CIBC boosted their price target on Aritzia from $19.00 to $22.00 and gave the company an “outperform” rating in a report on Monday.
ATZAF stock traded up $1.00 during midday trading on Friday, hitting $14.82. 1,266 shares of the company’s stock were exchanged, compared to its average volume of 3,902. Aritzia has a 12-month low of $6.45 and a 12-month high of $19.76. The firm has a 50 day moving average price of $11.19 and a 200-day moving average price of $13.93.
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.
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