Stock Analysis:Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA) Upside Target Change
In analysts report made public by Raymond James on 4 December, Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA) had its target PPS upgraded to $184.00. The firm presently has a solid “Outperform” rating on shares.
From a total of 18 analysts covering Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA) stock, 13 rate it a ”Buy”, 0 a “Sell”, and 9 a ”Hold”. This means that 59% of the ratings are positive. The highest target price is $225 while the lowest target price is $165. The mean of all analyst targets is $188.22 with a 0.27% above today’s ($184.08) stock price. Ulta Salon Cosmetics & Fragrance Inc was the topic of 23 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 4 with “Hold” rating. Telsey Advisory Group maintained shares with “Outperform” rating and $200.0 target share price in a report from an August 24. JP Morgan maintained ULTA stock in a recent report from November 30 with “Overweight” rating. Finally, Wells Fargo reinitiated the stock with “Market Perform” rating in a report issued on an October 22.
The stock increased 12.80% or $20.89 on December 4, striking $184.08. Approximately shares of stock traded hands. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) has risen 19.65% since May 4, 2015 and is uptrending. It has outperformed by 20.73% the S&P500.
Ulta Salon, Cosmetics & Fragrance, Inc. is a beauty retailer. The company has a market cap of $10.43 billion. The Firm provides salon products and salon services in the United States. It has 41.27 P/E ratio. It offers a combination of more than 20,000 prestige and mass beauty products.
According to Zacks Investment Research, “ULTA is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. ULTA provides affordable indulgence to its customers by combining the product breadth, value and convenience of a beauty superstore with the distinctive environment and experience of a specialty retailer. ULTA offers a unique combination of over twenty one thousand prestige and mass beauty products across the categories of cosmetics, fragrance, haircare, skincare, bath and body products and salon styling tools, as well as salon haircare products. ULTA also offers a full-service salon in all of its stores.” Get a free copy of the Zacks research report on Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA).