Ulta Beauty (ULTA) Upgraded at Vetr
Ulta Beauty (NASDAQ:ULTA) was upgraded by research analysts at Vetr from a “hold” rating to a “buy” rating in a report released on Thursday. The firm currently has a $221.95 target price on the specialty retailer’s stock. Vetr‘s price target would indicate a potential upside of 9.88% from the company’s previous close.
Other research analysts also recently issued research reports about the stock. Piper Jaffray Companies set a $206.00 price target on shares of Ulta Beauty and gave the stock a “hold” rating in a research report on Thursday, November 30th. Jefferies Group restated a “positive” rating and set a $221.64 price target (down previously from $300.00) on shares of Ulta Beauty in a research report on Tuesday, December 5th. Royal Bank of Canada set a $225.00 price target on shares of Ulta Beauty and gave the stock a “hold” rating in a research report on Friday, December 1st. Oppenheimer restated a “hold” rating on shares of Ulta Beauty in a research report on Thursday, December 7th. Finally, BidaskClub upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Friday, March 2nd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and sixteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $260.81.
Ulta Beauty (NASDAQ ULTA) opened at $201.99 on Thursday. The firm has a market cap of $12,320.00, a PE ratio of 25.83, a price-to-earnings-growth ratio of 1.01 and a beta of 0.62. Ulta Beauty has a 1 year low of $187.96 and a 1 year high of $314.86.
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Ulta Beauty Company Profile
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.
To view Vetr’s full report, visit Vetr’s official website.
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