Impact of Brokerage Rating on lululemon athletica inc.(LULU)

Many lululemon athletica inc.(LULU) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Lululemon Athletica was Downgraded by KeyBanc Capital Mkts to Sector Weight on Feb 3, 2017. Lululemon Athletica was Upgraded by Goldman to Neutral on Feb 2, 2017. Lululemon Athletica was Initiated by CLSA to Underperform on Jan 19, 2017. Company shares were Upgraded by FBR & Co. on Dec 12, 2016 to Mkt Perform, Raises Price Target to $ 67 from a previous price target of $40 .Lululemon Athletica was Upgraded by BofA/Merrill to Neutral on Dec 8, 2016.

Company has reported several Insider transactions to the SEC, on Apr 5, 2016, Rhoda M. Pitcher (director) sold 5,310 shares at 67.31 per share price.On Sep 23, 2015, Tara Poseley (Chief Product Officer) purchased 4,000 shares at 53.51 per share price.On Apr 1, 2015, Thomas Stemberg (director) sold 5,310 shares at 65.11 per share price.

Lululemon Athletica Last issued its quarterly earnings results on Dec 7, 2016. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.43. The company had revenue of $544.40 million for the quarter, compared to analysts expectations of $539.94 million. The companys revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

lululemon athletica inc. (NASDAQ:LULU) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.96 by 27 Brokerage Firm. 15 Wall Street Firms have rated the stock as a strong buys. 11 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

lululemon athletica inc. (NASDAQ:LULU): 24 Analyst have given the stock of lululemon athletica inc. (NASDAQ:LULU) a near short term price target of $73.25. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $10.01. The higher price target estimate is at $92 while the lower price estimates are fixed at $44.

lululemon athletica inc. (NASDAQ:LULU) rose 1.15% or 0.77 points on Tuesday and made its way into the gainers of the day. After trading began at $66.83 the stock was seen hitting $67.93 as a peak level and $66.29 as the lowest level. The stock ended up at $67.76. The daily volume was measured at 930,907 shares. The 52-week high of the share price is $81.81 and the 52-week low is $54. The company has a market cap of $9,289 million.

lululemon athletica Inc. designs and retails athletic clothing for women, men, and female youth. Its apparel assortment, including items, such as fitness pants, shorts, tops and jackets, is designed for activities such as yoga, running and general fitness. The Companys fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats, instructional yoga digital versatile discs and water bottles. lululemon athletica Inc. is based in Vancouver, Canada.


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