Barclays (LON:BARC) analyst Adrienne Yih maintained a Buy rating on Lululemon Athletica (NASDAQ:LULU) on Tuesday, setting a price target of $401, which is approximately 26.46% above the present share price of $317.09.
Yih expects Lululemon Athletica to post earnings per share (EPS) of $1.10 for the second quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in Lululemon Athletica, with an average price target of $402.93.
The analysts price targets range from a high of $465 to a low of $364.
In its latest earnings report, released on 10/31/2020, the company reported a quarterly revenue of $1.12 billion and a net profit of $213.45 million. The company's market cap is $41.33 billion.
According to TipRanks.com, Barclays analyst Adrienne Yih is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.3% and a 60.95% success rate.
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.