Vetr Inc. upgraded Lululemon Athletica inc. (NASDAQ:LULU) to Strong-Buy in a report released today.
- Updated: September 30, 2016
Just yesterday Lululemon Athletica inc. (NASDAQ:LULU) traded -0.02% lower at $60.98. Lululemon Athletica inc.’s 50-day moving average is $71.25 and its 200-day moving average is $69.43. The last stock price is down -12.17% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,822,414 shares of Lululemon Athletica inc. exchanged hands, up from an average trading volume of 1,994,420
Vetr Inc. has upgraded Lululemon Athletica inc. (NASDAQ:LULU) to Strong-Buy in a statement released on 09/30/2016.
Previously on 9/29/2016, Goldman Sachs reported on Lululemon Athletica inc. (NASDAQ:LULU) lowered the target price from $48.00 to $46.00 that suggested a downside of -0.28%.
With a market capitalization of $0, Lululemon Athletica inc. has 52 week low of $43.14 and a 52 week high of $81.81 with a PE ratio of 31.29 .
A total of 31 brokerages have issued a ratings update on Lululemon Athletica inc.. 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 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.
More 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, www.lululemon.com and www.ivivva.com, and other country and region specific Websites.
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