Lululemon Athletica Inc (LULU) Gets a Buy Rating from Susquehanna

Susquehanna analyst Sam Poser reiterated a Buy rating on Lululemon Athletica Inc (LULUResearch Report) yesterday and set a price target of $210. The company’s shares closed yesterday at $170.89, close to its 52-week high of $179.50.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 3.3% and a 49.7% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Wolverine World Wide, and Deckers Outdoor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lululemon Athletica Inc with a $191.42 average price target, a 12.0% upside from current levels. In a report issued on June 10, RBC Capital also maintained a Buy rating on the stock with a $190 price target.

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Lululemon Athletica Inc’s market cap is currently $22.37B and has a P/E ratio of 47.22. The company has a Price to Book ratio of 15.47.

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 designing, distributing and retail of athletic apparel and accessories. It company operates through the following 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.