Lululemon Athletica Inc. (NASDAQ:LULU) has been assigned a consensus recommendation of “Hold” from the forty-one brokerages that are covering the firm. Five research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, twenty-two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $69.13.

Several brokerages have recently commented on LULU. Buckingham Research began coverage on shares of Lululemon Athletica in a research report on Tuesday. They set a “neutral” rating and a $55.00 price objective for the company. Zacks Investment Research raised shares of Lululemon Athletica from a “sell” rating to a “hold” rating in a research report on Monday. Credit Suisse Group AG downgraded shares of Lululemon Athletica from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $76.00 to $53.00 in a research report on Wednesday, November 16th. Cowen and Company reissued an “outperform” rating and issued a $80.00 price target on shares of Lululemon Athletica in a research report on Sunday, October 23rd. Finally, Jefferies Group downgraded shares of Lululemon Athletica to a “hold” rating and reduced their price target for the company from $76.00 to $61.00 in a research report on Friday, October 21st.

Several large investors have recently added to or reduced their stakes in LULU. RS Investment Management Co. LLC bought a new stake in Lululemon Athletica during the second quarter worth approximately $22,853,000. Mycio Wealth Partners LLC boosted its stake in Lululemon Athletica by 0.6% in the second quarter. Mycio Wealth Partners LLC now owns 1,972 shares of the apparel retailer’s stock valued at $146,000 after buying an additional 12 shares during the period. Columbus Circle Investors boosted its stake in Lululemon Athletica by 32.9% in the second quarter. Columbus Circle Investors now owns 414,565 shares of the apparel retailer’s stock valued at $30,620,000 after buying an additional 102,547 shares during the period. Mizuho Asset Management Co. Ltd. boosted its stake in Lululemon Athletica by 128.6% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,360 shares of the apparel retailer’s stock valued at $100,000 after buying an additional 765 shares during the period. Finally, D L Carlson Investment Group Inc. boosted its stake in Lululemon Athletica by 40.2% in the second quarter. D L Carlson Investment Group Inc. now owns 51,205 shares of the apparel retailer’s stock valued at $3,782,000 after buying an additional 14,675 shares during the period. 91.36% of the stock is currently owned by hedge funds and other institutional investors.

Lululemon Athletica (NASDAQ:LULU) traded up 1.68% during mid-day trading on Tuesday, reaching $58.17. 1,273,219 shares of the company’s stock traded hands. Lululemon Athletica has a 12 month low of $44.62 and a 12 month high of $81.81. The stock has a market cap of $7.97 billion, a P/E ratio of 29.85 and a beta of 0.46. The company has a 50 day moving average price of $56.95 and a 200-day moving average price of $67.46.

Lululemon Athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 1st. The apparel retailer reported $0.38 EPS for the quarter, hitting the consensus estimate of $0.38. The company earned $514.52 million during the quarter. Lululemon Athletica had a net margin of 12.28% and a return on equity of 23.73%. The business’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the business earned $0.34 EPS. On average, analysts anticipate that Lululemon Athletica will post $2.13 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Lululemon Athletica Inc. (LULU) Given Consensus Rating of “Hold” by Analysts” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another domain, it was copied illegally and republished in violation of United States & international copyright & trademark laws. The original version of this article can be accessed at https://www.thecerbatgem.com/2016/11/29/lululemon-athletica-inc-lulu-given-consensus-rating-of-hold-by-analysts.html.

Lululemon Athletica Company Profile

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.

5 Day Chart for NASDAQ:LULU

Receive News & Stock Ratings for Lululemon Athletica Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lululemon Athletica Inc. and related stocks with our FREE daily email newsletter.