Key Takeaways From Lululemon Athletica Analyst Ratings
Portfolio Pulse from Benzinga Insights
Lululemon Athletica (NASDAQ:LULU) has been analyzed by 23 analysts, with a diverse range of opinions. The average 12-month price target is now $502.52, up 6.43% from the previous $472.16. Analysts from firms like Truist Securities, Stifel, and others have raised their price targets, reflecting a positive outlook on the company's performance. Lululemon designs and markets athletic apparel and accessories, with strong financial indicators such as a market cap above industry average, revenue growth of 18.7%, a net margin of 11.28%, ROE of 7.05%, ROA of 4.14%, and a low debt-to-equity ratio of 0.33.
January 09, 2024 | 8:00 pm
News sentiment analysis
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Analysts have raised their 12-month price targets for Lululemon Athletica, indicating a bullish sentiment. The average price target has increased to $502.52, reflecting confidence in the company's market position and financial performance.
The increase in the average price target by analysts suggests a positive outlook on Lululemon's financial health and market position. The consistent raising of price targets by multiple analysts from reputable firms adds credibility to the bullish sentiment, which is likely to influence investor perception and could lead to a short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100