Aritzia Inc. (OTCMKTS:ATZAF) Receives Consensus Rating of “Buy” from Brokerages

Aritzia Inc. (OTCMKTS:ATZAF) has earned a consensus rating of “Buy” from the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Nine equities research analysts have rated the stock with a buy rating.

Several equities analysts recently issued reports on ATZAF shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Aritzia in a research report on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Aritzia in a research note on Friday, May 8th. National Bank Financial initiated coverage on Aritzia in a research note on Wednesday, April 8th. They issued an “outperform” rating for the company. Finally, TD Securities restated a “buy” rating on shares of Aritzia in a research note on Friday, May 8th.

Aritzia Stock Down 3.2%

ATZAF stock opened at $112.00 on Monday. Aritzia has a 12-month low of $48.10 and a 12-month high of $115.95. The stock’s 50 day simple moving average is $99.68 and its 200 day simple moving average is $89.73.

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.