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A report released today by DA Davidson about Sally Beauty (NYSE:SBH) bumps the target price to $23.00

DA Davidson bumped up the target of Sally Beauty (NYSE:SBH) to $23.00 stating a potential upside of 0.16%.

Boasting a price of $19.80, Sally Beauty (NYSE:SBH) traded 2.13% higher on the day. With the last close down -1.29% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Sally Beauty has recorded a 50-day average of $20.00 and a two hundred day average of $20.36. Volume of trade was down over the average, with 1,993,929 shares of SBH changing hands under the typical 2,182,520

Performance Chart

Sally Beauty (NYSE:SBH)

With a total market value of $0, Sally Beauty has price-earnings ratio of 12.27 with a one year low of $17.26 and a one year high of $30.17 .

A total of 13 analysts have released a report on Sally Beauty. Two analysts rating the company a strong buy, seven analysts rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $33.58.

General Company Details For Sally Beauty (NYSE:SBH)

Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America. BSG, including its franchise-based business Armstrong McCall, is a full service beauty supply distributor, which offers professional brands of beauty products directly to salons and salon professionals through its own sales force and professional-only stores (including franchise stores) in partially exclusive geographical territories in North America and parts of Europe.

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