Ulta Salon Cosmetics & Fragrance (ULTA) has an average broker rating of 1.82, which is interpreted as a Buy, as rated by 17 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Ulta Salon Cosmetics & Fragrance (ULTA) : The highest short term price target forecast on Ulta Salon Cosmetics & Fragrance (ULTA) is $325 and the lowest target price is $250. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $284.42 with a standard deviation of $21.85.
For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Deutsche Bank maintains its outlook on Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA). The current rating of the shares is Hold, according to the research report released by the firm. The brokerage firm raises the price target from $225 per share to $280 per share. The rating by the firm was issued on August 26, 2016.
Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA): stock was range-bound between the intraday low of $245.83 and the intraday high of $250 after having opened at $249.96 on Wednesdays session. The stock finally closed in the red at $249.96, a loss of -1.16%. The stock remained in the red for the whole trading day. The total traded volume was 612,816 shares. The stock failed to cross $250 in Wednesdays trading. The stocks closing price on Thursday was $249.64.
Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer. The Company provides salon products and salon services in the United States. It offers a combination of more than 20,000 prestige and mass beauty products. As of January 31, 2015, it operated 774 stores in 47 states. The Company offers products in the categories, including cosmetics, which includes products for the face, eyes, cheeks, lips and nails; haircare, which includes shampoos, conditioners, styling products and hair accessories; salon styling tools, which includes hair dryers, curling irons and flat irons; skincare and bath and body, which includes products for the face, hands and body; fragrance; nail polish and nail care products; mens skincare, haircare and fragrance products; private label, consisting of Ulta branded cosmetics, skincare, bath and body products and haircare, and other health and beauty products.