RBC Capital analyst Kate Fitzsimons maintained a Buy rating on Lululemon Athletica (LULU) today and set a price target of $265.00. The company’s shares closed last Monday at $238.81.
According to TipRanks.com, Fitzsimons is a 1-star analyst with an average return of -7.1% and a 32.3% success rate. Fitzsimons covers the Services sector, focusing on stocks such as Abercrombie Fitch, Burlington Stores, and Urban Outfitters.
Currently, the analyst consensus on Lululemon Athletica is a Moderate Buy with an average price target of $261.50, implying a 5.3% upside from current levels. In a report issued on February 18, Robert W. Baird also maintained a Buy rating on the stock with a $275.00 price target.
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The company has a one-year high of $266.20 and a one-year low of $141.01. Currently, Lululemon Athletica has an average volume of 1.67M.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LULU in relation to earlier this year. Last month, Stuart Haselden, the COO of LULU sold 27,451 shares for a total of $6,390,069.
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lululemon athletica, Inc. engages in the designing, distributing and retail of athletic apparel and accessories. It company operates through the following business segments: Company-Operated Stores, Direct to Consumer. The Company-Operated Stores segment comprises of lululemon and ivivva brands; and specialize in athletic wear for female youth.