Aritzia Inc. (OTCMKTS:ATZAF) Receives Average Rating of “Buy” from Analysts

Aritzia Inc. (OTCMKTS:ATZAF) has received an average recommendation of “Buy” from the eight brokerages that are covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a buy rating.

A number of research firms have commented on ATZAF. Raymond James Financial reaffirmed an “outperform” rating on shares of Aritzia in a report on Tuesday, October 28th. UBS Group restated a “buy” rating on shares of Aritzia in a research note on Wednesday, December 31st. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Aritzia in a research note on Friday, January 9th. Royal Bank Of Canada restated an “outperform” rating on shares of Aritzia in a research report on Friday, January 9th. Finally, TD Securities reaffirmed a “buy” rating on shares of Aritzia in a report on Friday, January 9th.

Aritzia Stock Up 1.7%

Shares of ATZAF stock opened at $93.74 on Friday. Aritzia has a one year low of $25.48 and a one year high of $100.27. The company’s 50-day simple moving average is $86.57 and its 200-day simple moving average is $72.65.

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.