Deutsche Bank analyst Paul Trussell maintained a Buy rating on Lululemon Athletica Inc (NASDAQ: LULU) today and set a price target of $138. The company’s shares closed on Friday at $130.19, close to its 52-week high of $131.88.
According to TipRanks.com, Trussell is a 4-star analyst with an average return of 4.6% and a 59.9% success rate. Trussell covers the Services sector, focusing on stocks such as Burlington Stores, Kroger Company, and Nordstrom Inc.
Currently, the analyst consensus on Lululemon Athletica Inc is a Moderate Buy with an average price target of $130.09, a -0.1% downside from current levels. In a report issued on August 16, Argus Research also upgraded the stock to Buy with a $150 price target.
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Lululemon Athletica Inc’s market cap is currently $17.67B and has a P/E ratio of 58.64. The company has a Price to Book ratio of 10.80.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock.
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lululemon athletica, Inc. engages in the design, distribution, and retail of athletic apparel and accessories. It company operates through the following segments: Company-Operated Stores, Direct to Consumer, and Other. The Company-Operated Stores segment comprises of lululemon and ivivva brands; and specialize athletic wear for female youth.
