Telsey Advisory Group announced Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA), bumping up its stock price target to $310.00 today
- Updated: October 14, 2016
Just yesterday Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA) traded 11.37% higher at $262.71. Ulta Salon Cosmetics & Fragrance Inc’s 50-day moving average is $242.30 and its 200-day moving average is $234.41. The last stock price is up 13.53% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 4,768,795 shares of ULTA traded hands, up from an average trading volume of 889,342
In a report released on 10/14/2016 Telsey Advisory Group increased the stock price target of Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA) from $300.00 to $310.00 reporting a possible upside of 0.18%.
Previously on 10/10/2016, Stifel released a statement about Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA) increased the target price from $260.00 to $277.00. At the time, this indicated a possible upside of 0.16%.
Recent Performance Chart
Ulta Salon Cosmetics & Fragrance Inc has 52 week low of $146.77 and a 52 week high of $278.63 with a PE ratio of 46.85 and has a market capitalization of $0.
In addition to Telsey Advisory Group reporting its stock price target, a total of 17 brokerages have issued a research note on the company. The average stock price target is $209.82 with 7 brokerages rating the stock a strong buy, 7 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Ulta Salon Cosmetics & Fragrance Inc (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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