Ulta Beauty (NASDAQ:ULTA) has been given a $270.00 target price by stock analysts at Buckingham Research in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the specialty retailer’s stock. Buckingham Research’s target price would suggest a potential upside of 30.05% from the stock’s previous close.
ULTA has been the subject of a number of other research reports. Vetr upgraded shares of Ulta Beauty from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 27th. Piper Jaffray Companies set a $206.00 price target on shares of Ulta Beauty and gave the stock a “hold” rating in a research note on Thursday, November 30th. Jefferies Group restated a “positive” rating and set a $221.64 price target (down previously from $300.00) on shares of Ulta Beauty in a research note on Tuesday, December 5th. Royal Bank of Canada set a $225.00 target price on shares of Ulta Beauty and gave the company a “hold” rating in a research note on Friday, December 1st. Finally, Oppenheimer reiterated a “hold” rating on shares of Ulta Beauty in a research note on Thursday, December 7th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $260.15.
Shares of Ulta Beauty (NASDAQ:ULTA) traded up $1.70 on Monday, reaching $207.62. 899,689 shares of the company’s stock were exchanged, compared to its average volume of 1,200,000. The company has a market capitalization of $12,660.00, a PE ratio of 26.55, a price-to-earnings-growth ratio of 1.01 and a beta of 0.62. Ulta Beauty has a 1 year low of $187.96 and a 1 year high of $314.86.
About Ulta Beauty
Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.
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