Telsey Advisory announced Ulta Salon (NASDAQ:ULTA), stepping up its target to $310.00 today
- Updated: October 13, 2016
Ulta Salon (NASDAQ:ULTA) had its stock price target increased to $310.00 by Telsey Advisory in an issued report issued 10/14/2016. The updated target price indicates a possible upside of 0.16% based on the company's last stock close price.
Previously on 10/10/2016, Stifel reported about Ulta Salon (NASDAQ:ULTA) raised the target price from $260.00 to $277.00. At the time, this indicated a possible upside of 0.16%.
Yesterday Ulta Salon (NASDAQ:ULTA) traded 11.37% higher at $266.14. The company’s 50-day moving average is $242.30 and its 200-day moving average is $234.41. The last stock close price is up 13.53% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,768,795 shares of the stock were exchanged, up from an average trading volume of 889,342
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Ulta Salon has a 52 week low of $146.77 and a 52 week high of $278.63 with a P/E ratio of 46.85 The company’s market cap is currently $0.
In addition to Telsey Advisory reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is $209.82 with 7 firms rating the stock a strong buy, 7 firms rating the stock a buy, 7 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
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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