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Citi Sticks to Its Buy Rating for Lululemon Athletica (LULU)
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Citi Sticks to Its Buy Rating for Lululemon Athletica (LULU)

Citi analyst Paul Lejuez maintained a Buy rating on Lululemon Athletica (LULUResearch Report) today and set a price target of $440.00. The company’s shares closed yesterday at $342.34.

According to TipRanks, Lejuez is a 5-star analyst with an average return of 10.3% and a 56.53% success rate. Lejuez covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, Foot Locker, and Target.

Lululemon Athletica has an analyst consensus of Moderate Buy, with a price target consensus of $398.24.

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The company has a one-year high of $389.06 and a one-year low of $258.79. Currently, Lululemon Athletica has an average volume of 1.77M.

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Founded in 1998 and headquartered in Vancouver, Canada, Lululemon Athletica, Inc. is an athletic apparel retailer. The company designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. The company operates through two business segments: Company-Operated Stores, which comprises of lululemon and ivivva brands; and Direct to Consumer, which is its e-commerce business.

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