Insider Selling: Aritzia Inc. (TSE:ATZ) Senior Officer Sells 3,023 Shares of Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan sold 3,023 shares of Aritzia 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 Up 1.9 %

Aritzia stock opened at C$71.17 on Friday. The firm has a market capitalization of C$6.54 billion, a PE ratio of 104.66, a P/E/G ratio of 1.19 and a beta of 1.83. The company’s 50-day moving average is C$54.38 and its 200-day moving average is C$48.66. Aritzia Inc. has a fifty-two week low of C$31.82 and a fifty-two week high of C$71.84. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Raymond James raised their price objective on shares of Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a report on Monday, January 13th. CIBC raised their price objective on shares of Aritzia from C$63.00 to C$75.00 and gave the stock an “outperform” rating in a report on Sunday, January 12th. BMO Capital Markets raised their price objective on shares of Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a report on Thursday, January 9th. Canaccord Genuity Group raised their price objective on shares of Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. Finally, Royal Bank of Canada lifted their price target on shares of Aritzia from C$65.00 to C$73.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Aritzia presently has a consensus rating of “Moderate Buy” and an average target price of C$66.56.

About Aritzia

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.