BidaskClub downgraded shares of Ulta Beauty (NASDAQ:ULTA) from a hold rating to a sell rating in a research report sent to investors on Saturday, February 17th.
A number of other brokerages have also weighed in on ULTA. Buckingham Research reaffirmed a buy rating on shares of Ulta Beauty in a research report on Tuesday, January 23rd. Cowen set a $336.00 target price on Ulta Beauty and gave the company a buy rating in a research report on Friday, October 20th. Loop Capital set a $300.00 target price on Ulta Beauty and gave the company a buy rating in a research report on Sunday, December 3rd. Wells Fargo & Co set a $297.00 price target on Ulta Beauty and gave the stock a buy rating in a research report on Thursday, January 11th. Finally, Vetr raised Ulta Beauty from a buy rating to a strong-buy rating and set a $254.50 price target for the company in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and fifteen have given a buy rating to the stock. Ulta Beauty has an average rating of Hold and a consensus target price of $260.15.
Shares of Ulta Beauty (ULTA) traded down $6.41 during midday trading on Friday, reaching $201.99. The company’s stock had a trading volume of 1,170,000 shares, compared to its average volume of 1,200,000. The company has a market cap of $12,320.00, a price-to-earnings ratio of 25.83, a PEG 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.
Receive News & Ratings for Ulta Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty and related companies with MarketBeat.com's FREE daily email newsletter.