Wall Street Analysts Are Bullish on Top Consumer Goods Picks

Theres a lot to be optimistic about in the Consumer Goods sector as 1 analysts just weighed in on and Lululemon Athletica (LULUResearch Report) with bullish sentiments. Lululemon Athletica (LULU) In a report issued on October 4, Mark Altschwager from Robert W. Baird maintained a Buy rating on Lululemon Athletica, with a price target of $430.00. The companys shares closed last Wednesday at $295.50.

According to TipRanks.com, Altschwager is a 3-star analyst with an average return of 2.0% and a 37.8% success rate. Altschwager covers the Consumer Goods sector, focusing on stocks such as Lulus Fashion Lounge Holdings, Bath & Body Works, and Burlington Stores.

Currently, the analyst consensus on Lululemon Athletica is a Strong Buy with an average price target of $400.89, implying a 34.1% upside from current levels. In a report released yesterday, Raymond James also initiated coverage with a Buy rating on the stock with a $345.00 price target.

See the top stocks recommended by analysts >> TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Read More on LULU:

Leave a Reply

Your email address will not be published. Required fields are marked *