Lululemon Athletica inc. (NASDAQ:LULU) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: November 28, 2016
Zacks Investment Research has upgraded Lululemon Athletica inc. (NASDAQ:LULU) to Hold in a report released on 11/28/2016.
Yesterday Lululemon Athletica inc. (NASDAQ:LULU) traded -1.31% lower at $57.99. The company’s 50-day moving average is $56.98 and its 200-day moving average is $67.43. The last stock close price is down -15.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,169,462 shares of the stock were exchanged, down from an average trading volume of 2,622,280
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Lululemon Athletica inc. has a 52 week low of $44.62 and a 52 week high of $81.81 with a P/E ratio of 29.36 Lululemon Athletica inc.’s market capitalization is presently $0.
A total of 31 brokerages have issued a ratings update on Lululemon Athletica inc.. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $71.39.
General Company Details For 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, www.lululemon.com and www.ivivva.com, and other country and region specific Websites.
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