Investment analysts at Credit Suisse Group started coverage on shares of Ulta Beauty (NASDAQ:ULTA) in a research report issued on Monday, Marketbeat Ratings reports. The firm set an “outperform” rating and a $245.00 price target on the specialty retailer’s stock. Credit Suisse Group’s target price indicates a potential upside of 17.56% from the company’s previous close.
A number of other analysts have also issued reports on ULTA. Cleveland Research restated a “hold” rating on shares of Ulta Beauty in a research report on Tuesday, November 21st. Loop Capital set a $300.00 target price on shares of Ulta Beauty and gave the stock a “buy” rating in a research report on Monday, November 27th. KeyCorp set a $270.00 target price on shares of Ulta Beauty and gave the stock a “buy” rating in a research report on Monday, November 27th. Oppenheimer restated a “hold” rating and set a $210.00 target price on shares of Ulta Beauty in a research report on Tuesday, November 28th. Finally, Vetr lowered shares of Ulta Beauty from a “strong-buy” rating to a “buy” rating and set a $247.00 target price on the stock. in a research report on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and fifteen have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $260.15.
Shares of Ulta Beauty (NASDAQ ULTA) opened at $208.40 on Monday. Ulta Beauty has a 1 year low of $187.96 and a 1 year high of $314.86. The stock has a market cap of $12,820.00, a P/E ratio of 26.65, a P/E/G ratio of 1.01 and a beta of 0.62.
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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.
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