Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan Sells 3,023 Shares

Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan sold 3,023 shares of the company’s stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of C$70.10, for a total transaction of C$211,912.30.

Aritzia Stock Performance

TSE ATZ opened at C$69.82 on Friday. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40. The stock’s fifty day moving average is C$53.41 and its two-hundred day moving average is C$48.14. The firm has a market capitalization of C$6.41 billion, a P/E ratio of 102.68, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a fifty-two week low of C$31.82 and a fifty-two week high of C$70.80.

Wall Street Analyst Weigh In

ATZ has been the subject of several research analyst reports. Canaccord Genuity Group upped their price target on shares of Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a research report on Sunday, January 12th. Raymond James increased their target price on Aritzia from C$58.00 to C$65.00 and gave the company a “market perform” rating in a report on Monday, January 13th. CIBC lifted their price target on Aritzia from C$63.00 to C$75.00 and gave the stock an “outperform” rating in a research note on Sunday, January 12th. Royal Bank of Canada increased their price objective on Aritzia from C$65.00 to C$73.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. Finally, TD Securities lifted their target price on shares of Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a research note on Sunday, January 12th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$66.56.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.