After Today’s Huge Increase, Is Aritzia Inc’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Aritzia Inc's Near Term Analysis Positive?

The stock of Aritzia Inc (TSE:ATZ) is a huge mover today! About 152,172 shares traded hands or 42644.94% up from the average. Aritzia Inc (TSE:ATZ) has risen 6.00% since October 8, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 6 months positive chart setup for the $544.38M company. It was reported on Nov, 7 by Barchart.com. We have $22.75 PT which if reached, will make TSE:ATZ worth $163.31 million more.

Aritzia Inc (TSE:ATZ) Ratings Coverage

Out of 7 analysts covering Aritzia Inc (TSE:ATZ), 7 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $26 is the highest target while $22 is the lowest. The $23.20 average target is 32.57% above today’s ($17.5) stock price. Aritzia Inc has been the topic of 7 analyst reports since October 24, 2016 according to StockzIntelligence Inc. The stock has “Outperform” rating given by BMO Capital Markets on Monday, October 24. As per Monday, October 24, the company rating was maintained by IBC. The firm has “Outperform” rating given on Tuesday, October 25 by RBC Capital Markets. The firm has “Outperform” rating by William Blair given on Monday, October 24. The firm earned “Buy” rating on Monday, October 24 by TD Securities. The rating was maintained by Canaccord Genuity on Monday, October 24 with “Buy”. The firm earned “Outperform” rating on Monday, October 24 by Robert W. Baird.

More notable recent Aritzia Inc (TSE:ATZ) news were published by: Bloomberg.com which released: “Aritzia Raises C$400 Million in Canada’s Largest IPO of Year” on September 26, 2016, also Prnewswire.com with their article: “Aritzia Announces Second Quarter Fiscal Year 2017 Earnings Call” published on October 06, 2016, Business.Financialpost.com published: “Aritzia Inc may raise up to $400 million in IPO after upsizing deal” on September 23, 2016. More interesting news about Aritzia Inc (TSE:ATZ) were released by: Fool.ca and their article: “Aritzia Inc.: Its Profits Are Lacking” published on October 17, 2016 as well as Fool.ca‘s news article titled: “5 Things to Know Before the Aritzia Inc. IPO” with publication date: September 08, 2016.

Aritzia Inc is a Canada-based design house and fashion retailer of exclusive brands. The company has a market cap of $544.38 million. The Firm conceives, creates, develops and sells a mix of women’s fashion products directly to its customers. It has a 12.87 P/E ratio. It creates apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner.

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