A statement released earlier today by Stifel about Ulta Salon (NASDAQ:ULTA) bumps the target price to $277.00
- Updated: October 9, 2016
Boasting a price of $239.07, Ulta Salon (NASDAQ:ULTA) traded -1.03% lower on the day. With the last stock price close up 2.53% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ulta Salon has recorded a 50-day average of $245.53 and a two hundred day average of $233.18. Volume of trade was down over the average, with 613,687 shares of ULTA changing hands under the typical 826,542
Stifel bumped up the target of Ulta Salon (NASDAQ:ULTA) to $277.00 stating a potential upside of 0.16%.
On 09/17/2016, Zacks Investment Research released a statement for Ulta Salon (NASDAQ:ULTA) bumped up the target price from $0.00 to $262.00 that suggested an upside of 0.12%.
With a total market value of $0, Ulta Salon has price-earnings ratio of 42.08 with a one year low of $146.77 and a one year high of $278.63 .
A total of 17 equity analysts have released a ratings update on ULTA. Seven equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $209.82.
Brief Synopsis About Ulta Salon (NASDAQ:ULTA)
Ulta Salon, Cosmetics & Fragrance, Inc. is a beauty retailer. The Company operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services. The Company operates through three segments: retail stores, salon services and e-commerce. The Company also offers a full-service salon in every store featuring hair, skin and brow services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories and price points, including its own private label, the Ulta Beauty Collection. The Company operates over 870 stores in approximately 50 states. The Company offers a loyalty program, Ultamate Rewards, and targeted promotions through its Customer Relationship Management (CRM) platform. It also offers promotions and coupons, in-store events and gifts with purchase. The Company's e-commerce business, Ulta.com, provides access to product and store information, beauty trends and techniques.
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