Analysts at Janney Montgomery Scott lowered their price target on shares of Lululemon (NASDAQ: LULU)
A number of other analysts have also recently weighed in on LULU. Analysts at RBC Capital reiterated an “outperform” rating on shares of Lululemon in a research note to investors on Monday. They now have a $90.00 price target on the stock. Separately, analysts at Cowen initiated coverage on shares of Lululemon in a research note to investors on Tuesday, February 26th. They set an “outperform” rating on the stock. Finally, analysts at TheStreet reiterated a “buy” rating on shares of Lululemon in a research note to investors on Friday, February 1st.
Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Lululemon has an average rating of “Buy” and a consensus target price of $78.50.
Lululemon (NASDAQ: LULU) traded down 0.31% on Tuesday, hitting $63.88. Lululemon has a 52-week low of $52.20 and a 52-week high of $81.09. The stock’s 50-day moving average is currently $67.74. The company has a market cap of $9.209 billion and a price-to-earnings ratio of 39.56.
Manufactures, distributes and sells technical athletics and yoga apparel. The Company works in cooperation with various athletes to create designs specific to meet their needs.