Aritzia (OTCMKTS:ATZAF – Free Report) had its target price decreased by Royal Bank of Canada from C$57.00 to C$46.00 in a research report sent to investors on Wednesday morning, FlyOnTheWall reports.
Several other equities analysts also recently commented on the company. UBS Group began coverage on Aritzia in a research note on Friday, June 16th. They issued a buy rating on the stock. BMO Capital Markets cut their price target on Aritzia from C$50.00 to C$37.00 in a research note on Wednesday. TD Securities lowered Aritzia from a buy rating to a hold rating in a report on Wednesday. Finally, Stifel Nicolaus dropped their price objective on shares of Aritzia from C$62.00 to C$50.00 in a report on Wednesday, May 3rd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Aritzia has an average rating of Moderate Buy and a consensus target price of $48.00.
Aritzia Stock Down 24.1 %
Shares of ATZAF stock opened at $19.32 on Wednesday. Aritzia has a 52 week low of $18.62 and a 52 week high of $41.10. The firm’s 50-day simple moving average is $26.79 and its two-hundred day simple moving average is $30.45.
Aritzia Company Profile
Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.
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