Lulu’s Trend Lounge Holdings, Inc. (NASDAQ:LVLU – Get Score) has been specified a consensus ranking of “Buy” by the nine analysts that are presently covering the company, Marketbeat reports. 9 analysts have rated the inventory with a get ranking. The ordinary twelve-thirty day period rate target amongst brokerages that have lined the inventory in the past calendar year is $15.86.
Several investigate analysts have a short while ago weighed in on LVLU shares. The Goldman Sachs Team dropped their value concentrate on on shares of Lulu’s Fashion Lounge from $33.00 to $15.00 and established a “buy” ranking on the inventory in a study observe on Monday, April 4th. KeyCorp lowered their cost concentrate on on Lulu’s Style Lounge from $18.00 to $15.00 and established an “overweight” score for the corporation in a investigation report on Thursday, January 20th. Zacks Financial commitment Research elevated Lulu’s Fashion Lounge from a “hold” rating to a “buy” ranking and set a $8.75 value aim on the stock in a study be aware on Tuesday, April 5th. Last but not least, Cowen reiterated a “buy” ranking and established a $15.00 rate goal on shares of Lulu’s Trend Lounge in a investigate be aware on Friday, April 1st.
LVLU opened at $8.64 on Friday. The business enterprise has a 50 working day simple moving regular of $8.43. The company has a present-day ratio of 1.14, a rapid ratio of .62 and a personal debt-to-fairness ratio of .56. Lulu’s Style Lounge has a 12-month lower of $5.10 and a 12-month high of $15.09.
Quite a few hedge money and other institutional buyers have not long ago added to or lowered their stakes in LVLU. Kornitzer Capital Administration Inc. KS purchased a new stake in Lulu’s Trend Lounge in the 4th quarter valued at $959,000. Retirement Systems of Alabama ordered a new place in shares of Lulu’s Trend Lounge for the duration of the fourth quarter valued at about $2,813,000. Citigroup Inc. purchased a new stake in shares of Lulu’s Fashion Lounge in the fourth quarter worth about $26,000. Northern Have confidence in Corp purchased a new stake in shares of Lulu’s Style Lounge in the fourth quarter worthy of about $489,000. Lastly, Leonard Green & Partners L.P. bought a new position in Lulu’s Fashion Lounge in the course of the fourth quarter valued at approximately $3,069,000. 1.14% of the inventory is owned by hedge money and other institutional buyers.
About Lulu’s Trend Lounge (Get Score)
Lulu’s Fashion Lounge Holdings, Inc operates as an online retailer of women’s outfits, footwear, and add-ons. It offers attire, tops, bottoms, bridal wear, intimates, swimwear, footwear, and accessories beneath the Lulus manufacturer. The firm sells its solutions by means of owned media, which mostly consists of its web-site, cellular application, social media platforms, e mail, and SMS attained media and paid out media that is made up of compensated advertisement on search engines, these kinds of as Google and Bing, as effectively as social media platforms comprising Fb and Instagram.
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