Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) Receives Average Rating of “Buy” from Analysts

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Lulu’s Vogue Lounge Holdings, Inc. (NASDAQ:LVLUGet Ranking) has been assigned a consensus advice of “Buy” from the nine ratings corporations that are presently masking the inventory, Marketbeat Ratings reviews. 9 financial investment analysts have rated the stock with a get recommendation. The regular 1 year selling price aim among brokerages that have current their coverage on the inventory in the last year is $15.86.

A quantity of equities study analysts have a short while ago issued experiences on the inventory. The Goldman Sachs Group reduced their price focus on on shares of Lulu’s Fashion Lounge from $33.00 to $15.00 and set a “buy” ranking on the stock in a investigation take note on Monday, April 4th. KeyCorp minimize their target price on shares of Lulu’s Style Lounge from $18.00 to $15.00 and established an “overweight” rating on the stock in a investigation observe on Thursday, January 20th. Cowen reaffirmed a “buy” rating and established a $15.00 target selling price on shares of Lulu’s Vogue Lounge in a investigate notice on Friday, April 1st. Lastly, Zacks Expense Investigation lifted shares of Lulu’s Trend Lounge from a “hold” rating to a “buy” rating and set a $8.75 concentrate on price on the inventory in a exploration observe on Tuesday, April 5th.

Several massive buyers have not long ago built adjustments to their positions in LVLU. New York Condition Typical Retirement Fund obtained a new stake in shares of Lulu’s Trend Lounge in the 4th quarter valued at approximately $25,000. Citigroup Inc. obtained a new situation in shares of Lulu’s Trend Lounge in the 4th quarter valued at $26,000. California State Instructors Retirement Method acquired a new position in shares of Lulu’s Vogue Lounge in the 4th quarter valued at $33,000. Deutsche Bank AG obtained a new situation in shares of Lulu’s Style Lounge in the 4th quarter valued at $36,000. Eventually, Wells Fargo & Corporation MN obtained a new placement in shares of Lulu’s Manner Lounge in the 4th quarter valued at $37,000. 1.14% of the stock is currently owned by institutional investors.

Shares of Lulu’s Trend Lounge stock traded up $.74 on Friday, reaching $9.37. The enterprise experienced a trading volume of 72,280 shares, as opposed to its common quantity of 190,882. The business has a 50 day basic transferring typical of $8.40. Lulu’s Trend Lounge has a 52-7 days low of $5.10 and a 52-week significant of $15.09. The company has a debt-to-equity ratio of .56, a speedy ratio of .62 and a latest ratio of 1.14.

Lulu’s Trend Lounge Corporation Profile (Get Rating)

Lulu’s Vogue Lounge Holdings, Inc operates as an on the net retailer of women’s garments, footwear, and accessories. It features dresses, tops, bottoms, bridal don, intimates, swimwear, footwear, and components less than the Lulus brand name. The organization sells its products as a result of owned media, which mostly consists of its web-site, mobile application, social media platforms, e-mail, and SMS acquired media and paid media that is made up of paid advertisement on search engines, such as Google and Bing, as very well as social media platforms comprising Fb and Instagram.

Additional Reading

Analyst Recommendations for Lulu's Fashion Lounge (NASDAQ:LVLU)

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