Aritzia Inc. (OTCMKTS:ATZAF) Given Average Rating of “Buy” by Analysts

Shares of Aritzia Inc. (OTCMKTS:ATZAF) have earned a consensus rating of “Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation.

A number of research analysts recently issued reports on ATZAF shares. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Aritzia in a research note on Friday, January 9th. UBS Group reaffirmed a “buy” rating on shares of Aritzia in a report on Wednesday, December 31st. BMO Capital Markets reiterated an “outperform” rating on shares of Aritzia in a research note on Friday, December 19th. Royal Bank Of Canada reissued an “outperform” rating on shares of Aritzia in a report on Friday, January 9th. Finally, The Goldman Sachs Group initiated coverage on Aritzia in a research report on Thursday, December 11th. They set a “buy” rating for the company.

Aritzia Stock Down 5.1%

Shares of Aritzia stock opened at $76.13 on Wednesday. The company has a 50 day moving average of $86.36 and a 200-day moving average of $76.78. Aritzia has a 1-year low of $25.48 and a 1-year high of $100.27.

Aritzia Company Profile

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.