Ulta Beauty (NASDAQ:ULTA) had its target price dropped by investment analysts at Wolfe Research from $267.00 to $236.00 in a research note issued on Monday. The firm presently has an “outperform” rating on the specialty retailer’s stock. Wolfe Research’s target price points to a potential upside of 13.49% from the company’s current price.
ULTA has been the topic of a number of other reports. Vetr raised Ulta Beauty from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 27th. Piper Jaffray Companies set a $206.00 target price on Ulta Beauty and gave the stock a “hold” rating in a report on Thursday, November 30th. Jefferies Group reaffirmed a “positive” rating and set a $221.64 target price (down from $300.00) on shares of Ulta Beauty in a report on Tuesday, December 5th. Royal Bank of Canada set a $225.00 target price on Ulta Beauty and gave the stock a “hold” rating in a report on Friday, December 1st. Finally, Oppenheimer reaffirmed a “hold” rating on shares of Ulta Beauty in a report on Thursday, December 7th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $260.84.
Ulta Beauty (ULTA) traded up $2.02 during trading hours on Monday, reaching $207.94. The company had a trading volume of 771,859 shares, compared to its average volume of 1,218,658. The firm has a market capitalization of $12,680.00, a price-to-earnings ratio of 26.58, a P/E/G 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.
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Ulta Beauty Company Profile
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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