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Lululemon Athletica inc. (NASDAQ:LULU) has received a consensus rating of “Buy” from the thirty analysts that are covering the company, American Banking News reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $61.56.

Lululemon Athletica inc. (NASDAQ:LULU) traded up 2.75% during mid-day trading on Friday, hitting $44.05. 626,347 shares of the company’s stock traded hands. Lululemon Athletica inc. has a 52 week low of $42.28 and a 52 week high of $82.50. The stock’s 50-day moving average is $45.26 and its 200-day moving average is $52.33. The company has a market cap of $6.403 billion and a price-to-earnings ratio of 22.45.

Lululemon Athletica inc. (NASDAQ:LULU) last released its earnings data on Thursday, March 27th. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.72 by $0.03. The company had revenue of $521.00 million for the quarter, compared to the consensus estimate of $516.80 million. During the same quarter last year, the company posted $0.75 earnings per share. Lululemon Athletica inc.’s revenue was up 7.3% compared to the same quarter last year. On average, analysts predict that Lululemon Athletica inc. will post $1.89 earnings per share for the current fiscal year.

LULU has been the subject of a number of recent research reports. Analysts at Sterne Agee upgraded shares of Lululemon Athletica inc. from an “underperform” rating to a “neutral” rating in a research note on Thursday. They now have a $43.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Zacks reiterated an “underperform” rating on shares of Lululemon Athletica inc. in a research note on Thursday, April 24th. They now have a $43.00 price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Lululemon Athletica inc. in a research note on Thursday, April 24th. They now have a $55.00 price target on the stock.

lululemon athletica inc. is a designer and retailer of technical athletic apparel operating primarily in North America and Australia.

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