Aritzia Receives a Buy from Canaccord Genuity

Wall Street analyst has provided a review for the Services company yesterday, but retained the same rating on the stock. Aritzia (TSX: ATZ) received a Buy rating from Canaccord Genuity’s analyst Camilo Lyon, with a C$21 price target.

According to TipRanks.com, Lyon is a 1-star analyst with an average return of -0.8% and a 46.1% success rate. Lyon covers the Consumer Goods sector, focusing on stocks such as Columbia Sportswear, Sequential Brands, and Steven Madden.

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Aritzia has an analyst consensus of Moderate Buy, with a price target consensus of C$21.

The company has a one-year high of C$16.18 and a one-year low of C$10.10. Currently, Aritzia has an average volume of 93.44K.

Aritzia, Inc. operates as a design house and fashion retailer. The company designs apparels and accessories for its collection sold under the Aritzia brand. The company offers broad range of style preferences and lifestyle requirements. The company was founded by Brian Hill in 1984 and is headquartered in Vancouver, Canada.

The company’s shares closed on Thursday at C$12.44.