lululemon athletica (NASDAQ:LULU) Rating Reconfirmed

Stifel have a $75.0 price target on the Stock. The price target gives a potential upside of 21.93 % from Lululemon Athletica (NASDAQ:LULU)’s last stock close price. This rating was disclosed to clients in a report on 7 December.

NASDAQ:LULU is currently trading -0.45% lower at $66.58 as of 4:04 AM New York time. lululemon athletica’s stock is 0% in the past 200 days. It has underperformed the S&P500, which has risen 6.00% in the same time period.

According to data compiled by Thomson Reuters, lululemon athletica (NASDAQ:LULU)’s stock is covered by 31 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is $71.39, which reflects an upside potential of 7.22% over the current price.

Institutional Ownership

Advent International Corp Ma had the biggest stake with ownership of 20.11M shares as of Q2 2015 for 23.05% of the stocks portfolio. Sib Llc is another bull as the fund who is owning 132,728 shares of lululemon athletica or 6.54% of their stocks portfolio. Also, Hhr Asset Management Llc have 3.82% of their stocks portfolio invested in the company for 1.33M shares. The California-based fund Bender Robert & Associates disclosed it had bought so far a stake worth about 3.5% of the fund’s stock portfolio in lululemon athletica. The New York-based fund Hs Management Partners Llc is also positive about the stock, possessing 86,989 shares or 3.1% of their stocks portfolio.

lululemon athletica (NASDAQ:LULU) Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.

lululemon athletica (NASDAQ:LULU) traded down -0.45% on 7 December, hitting $66.58. A total of 1.07 million shares of the company’s stock traded hands. This is down from average of 1.82 million shares. lululemon athletica has a 52 week low of $47.26 and a 52 week high of $72.7. The company has a market cap of $9.01 billion and a P/E ratio of 32.09.

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The post lululemon athletica (NASDAQ:LULU) Stock Rating Reconfirmed by Analysts at Stifel; The $75.0 Target Indicates 21.93 % Potential appeared first on Octafinance.