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

Aritzia Inc. (OTCMKTS:ATZAF) has earned an average recommendation of “Buy” from the nine analysts that are covering the firm, MarketBeat reports. Nine research analysts have rated the stock with a buy recommendation.

A number of research analysts recently weighed in on the stock. National Bank Financial initiated coverage on shares of Aritzia in a research report on Wednesday. They issued an “outperform” rating for the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Aritzia in a research report on Friday, January 9th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Aritzia in a research report on Friday, January 9th. UBS Group reissued a “buy” rating on shares of Aritzia in a research report on Wednesday, December 31st. Finally, TD Securities reissued a “buy” rating on shares of Aritzia in a research report on Friday, January 9th.

Aritzia Stock Up 0.8%

Aritzia stock opened at $92.48 on Friday. Aritzia has a 1-year low of $29.36 and a 1-year high of $100.27. The company has a fifty day simple moving average of $84.97 and a 200 day simple moving average of $79.11.

About Aritzia

Aritzia Inc is a Canadian fashion retailer specializing in women’s apparel and accessories. Founded in 1984 by Brian Hill in Vancouver, British Columbia, the company has grown from a single boutique into a vertically integrated lifestyle brand. Aritzia designs, manufactures and markets a range of in-house labels, including TNA, Wilfred, Babaton and Super Puff, catering to a contemporary female clientele that values both trend-driven and timeless wardrobe essentials.

The company’s product assortment spans outerwear, knitwear, denim, suiting, activewear and accessories, with an emphasis on quality fabrics, fit and craftsmanship.