lululemon athletica (NASDAQ:LULU) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.75 by 24 Brokerage Firm. 16 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, SunTrust Robinson Humphrey maintains its outlook on lululemon athletica (NASDAQ:LULU). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $79 per share to $83 per share. The rating by the firm was issued on June 9, 2016.
lululemon athletica (NASDAQ:LULU): 23 analysts have set the short term price target of lululemon athletica (NASDAQ:LULU) at $72.48. The standard deviation of short term price target has been estimated at $12.02, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 85 and $40 respectively.
lululemon athletica (NASDAQ:LULU) rose 0.14% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $71.5 the stock was seen hitting $72.38 as a peak level and $71.2 as the lowest level. The stock ended up at $71.88. The daily volume was measured at 1,050,296 shares. The 52-week high of the share price is $73.22 and the 52-week low is $43.14. The company has a market cap of $9,141 million.
Shares of Lululemon Athletica Inc. rose by 2.13% in the last five trading days and 15.03% for the last 4 weeks. Lululemon Athletica Inc. is up 19.14% in the last 3-month period. Year-to-Date the stock performance stands at 36.99%.
lululemon athletica inc. is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Companys retail stores are located primarily on street locations, in lifestyle centers and in malls.