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Edward Jones downgraded Ulta Salon Cosmetics & Fragrance Inc (NDAQ:ULTA) from Buy to Hold in a report released today.

Yesterday Ulta Salon Cosmetics & Fragrance Inc (NDAQ:ULTA) traded -0.79% lower at $292.08. The company’s 50-day moving average is $215.07 and its 200-day moving average is $257.16. The last closing price is up -22.64% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 953,247 shares of the stock traded hands, down from an average trading volume of 1,419,940

Edward Jones has downgraded Ulta Salon Cosmetics & Fragrance Inc (NDAQ:ULTA) from Buy to Hold in a report released on Thursday May 25, 2017.

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Ulta Salon Cosmetics & Fragrance Inc (NDAQ:ULTA)

Ulta Salon Cosmetics & Fragrance Inc has a 52 week low of $187.96 and a 52 week high of $314.86 with a P/E ratio of 26.48 The company’s market cap is currently $0.

In addition to Edward Jones reporting its stock price target, a total of 17 brokers have issued a research note on the company. The average stock price target is $209.82 with 7 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Ulta Salon Cosmetics & Fragrance Inc (NDAQ:ULTA)

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. The Company also offers a full-service salon in every store featuring hair, skin and brow services. The Company operates approximately 970 retail stores across over 48 states and the District of Columbia and also distributes its products through its Website, which includes a collection of tips, tutorials and social content. The Company offers makeup products, such as foundation, face powder, concealer, color correcting, face primer, blush, bronzer, contouring, highlighter, setting spray, shampoos, conditioners, hair styling products, hair styling tools and perfumes. The Company also offers makeup brushes and tools, and makeup bags and cases.

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