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How Does Lululemon Athletica Inc (LULU) Stock Rank on Wall Street Thursday?

Thursday, March 28, 2024 11:16 AM | InvestorsObserver Analysts

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How Does Lululemon Athletica Inc (LULU) Stock Rank on Wall Street Thursday?

Wall Street is positive on Lululemon Athletica Inc (LULU). On average, analysts give LULU a Strong Buy rating. The average price target is $499.73, which means analysts expect the stock to increase by 27.31% over the next twelve months. That average ranking earns LULU an Analyst Rating of 52, which is better than 52% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4.3
Wall Street analysts are rating LULU a Strong Buy today. Find out what this means to you and get the rest of the rankings on LULU!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Lululemon Athletica Inc Stock Today?

Lululemon Athletica Inc (LULU) stock is trading at $392.54 as of 11:10 AM on Thursday, Mar 28, a rise of $3.08, or 0.79% from the previous closing price of $389.46. The stock has traded between $390.07 and $394.32 so far today. Volume today is below average. So far 555,077 shares have traded compared to average volume of 2,102,091 shares. Click Here to get the full Stock Report for Lululemon Athletica Inc stock.

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