Lululemon Athletica (NASDAQ:LULU) had its target price upped by MKM Partners from $174.00 to $177.00 in a report published on Monday, The Fly reports. They currently have a buy rating on the apparel retailer’s stock.

LULU has been the subject of several other research reports. ValuEngine downgraded shares of Lululemon Athletica from a strong-buy rating to a buy rating in a research report on Wednesday, November 21st. BidaskClub downgraded shares of Lululemon Athletica from a buy rating to a hold rating in a research report on Tuesday, November 20th. Canaccord Genuity raised shares of Lululemon Athletica from a hold rating to a buy rating and boosted their target price for the stock from $152.00 to $160.00 in a research report on Wednesday, October 24th. Wedbush raised shares of Lululemon Athletica from a neutral rating to an outperform rating and set a $176.00 target price for the company in a research report on Monday, October 15th. Finally, Robert W. Baird boosted their target price on shares of Lululemon Athletica from $170.00 to $190.00 and gave the stock a positive rating in a research report on Wednesday, October 3rd. Fourteen analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $156.73.

Lululemon Athletica stock opened at $133.62 on Monday. Lululemon Athletica has a 12-month low of $65.30 and a 12-month high of $164.79. The firm has a market cap of $17.55 billion, a P/E ratio of 51.59, a PEG ratio of 2.03 and a beta of 0.37.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Lululemon Athletica by 10.6% in the 3rd quarter. Vanguard Group Inc. now owns 9,411,318 shares of the apparel retailer’s stock valued at $1,529,244,000 after buying an additional 899,080 shares during the period. BlackRock Inc. boosted its holdings in shares of Lululemon Athletica by 10.8% in the 3rd quarter. BlackRock Inc. now owns 6,680,814 shares of the apparel retailer’s stock valued at $1,085,564,000 after buying an additional 650,365 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Lululemon Athletica by 12.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,873,494 shares of the apparel retailer’s stock valued at $466,913,000 after buying an additional 328,478 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Lululemon Athletica by 32.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,830,681 shares of the apparel retailer’s stock valued at $459,958,000 after buying an additional 688,881 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in shares of Lululemon Athletica by 4.2% in the 3rd quarter. Janus Henderson Group PLC now owns 2,022,061 shares of the apparel retailer’s stock valued at $328,565,000 after buying an additional 81,001 shares during the period. 79.24% of the stock is owned by institutional investors and hedge funds.

Lululemon Athletica Company Profile

lululemon athletica inc., an athletic apparel company, together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates through two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits; and athletic wear for female youth.

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Analyst Recommendations for Lululemon Athletica (NASDAQ:LULU)

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