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A report released today by Goldman Sachs about Lululemon Athletica Inc. (NASDAQ:LULU) bumps down the target price to $46.00

Boasting a price of $63.51, Lululemon Athletica Inc. (NASDAQ:LULU) traded -1.57% lower on the day. With the last stock price close down -8.64% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Lululemon Athletica Inc. has recorded a 50-day average of $72.27 and a two hundred day average of $69.52. Volume of trade was down over the average, with 1,516,051 shares of LULU changing hands under the typical 1,964,110

Goldman Sachs bumped down the target of Lululemon Athletica Inc. (NASDAQ:LULU) to $46.00 stating a potential downside of -0.28%.

Performance Chart

Lululemon Athletica Inc. (NASDAQ:LULU)

With a total market value of $0, Lululemon Athletica Inc. has price-earnings ratio of 32.59 with a one year low of $43.14 and a one year high of $81.81 .

A total of 31 equity analysts have released a ratings update on LULU. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $71.39.

Brief Synopsis About Lululemon Athletica Inc. (NASDAQ:LULU)

Lululemon Athletica Inc. is a designer, distributor and retailer of technical athletic apparel. The Company's segments include Company-operated stores, Direct to consumer and Other. 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, other sweaty pursuits and athletic wear for female youth. The Company conducts its business through two channels: Company-operated stores and direct to consumer. It operates approximately 360 Company-operated stores located in the United States, Canada, Australia, New Zealand, the United Kingdom, Singapore, Hong Kong, Germany and Puerto Rico. Its direct to consumer segment includes lululemon and ivivva e-commerce Websites, and, and other country and region specific Websites.

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