Aritzia Inc. (OTCMKTS:ATZAF) Receives Average Recommendation of “Buy” from Brokerages

Shares of Aritzia Inc. (OTCMKTS:ATZAF – Get Rating) have received an average rating of “Buy” from the eight analysts that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $60.38.

A number of research analysts recently issued reports on the stock. TD Securities boosted their price objective on shares of Aritzia from C$57.00 to C$68.00 in a report on Thursday, January 13th. Scotiabank boosted their price objective on shares of Aritzia from C$49.00 to C$65.00 in a report on Friday, January 14th. Canaccord Genuity Group boosted their price objective on shares of Aritzia from C$57.00 to C$70.00 and gave the company a “buy” rating in a report on Thursday, January 13th. BMO Capital Markets boosted their price objective on shares of Aritzia from C$65.00 to C$70.00 in a report on Monday, February 7th. Finally, Royal Bank of Canada boosted their price objective on shares of Aritzia from C$52.00 to C$60.00 in a report on Thursday, January 13th.

Shares of OTCMKTS:ATZAF traded down $1.17 during trading on Monday, hitting $36.12. 25,877 shares of the company’s stock were exchanged, compared to its average volume of 8,265. The firm has a 50-day moving average price of $39.52 and a two-hundred day moving average price of $39.65. Aritzia has a 1-year low of $23.50 and a 1-year high of $49.33.

About Aritzia (Get Rating)

Aritzia Inc, together with its subsidiaries, designs and sells apparels and accessories for women in North America. It offers t-shirts, tops, bodysuits, shirts, blouses, sweaters, knitwear, sweatsuits, pants, denims, leggings, bike shorts, dresses, skirts, jackets, blazers, jackets, coats, shoes, and accessories, including hats, socks, face masks, intimates, gloves and mittens, belts, scarves, scrunchies, bags, and iphone cases.

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