Buckingham Research set a $270.00 price target on Ulta Beauty (NASDAQ:ULTA) in a research note issued to investors on Monday morning. The brokerage currently has a buy rating on the specialty retailer’s stock.
Other equities research analysts have also recently issued reports about the company. KeyCorp set a $270.00 target price on Ulta Beauty and gave the company a buy rating in a research note on Monday, November 27th. Loop Capital set a $300.00 price objective on Ulta Beauty and gave the stock a buy rating in a research note on Monday, November 27th. Vetr cut Ulta Beauty from a strong-buy rating to a buy rating and set a $247.00 price objective for the company. in a research note on Wednesday, November 29th. JPMorgan Chase & Co. reaffirmed a buy rating and set a $270.00 price objective on shares of Ulta Beauty in a research note on Friday, December 1st. Finally, Cowen set a $246.00 price objective on Ulta Beauty and gave the stock a buy rating in a research note on Friday, December 1st. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and sixteen have given a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of $260.81.
Shares of Ulta Beauty (ULTA) opened at $201.99 on Monday. The company has a market capitalization of $12,320.00, a price-to-earnings ratio of 25.83, a PEG ratio of 1.01 and a beta of 0.62. Ulta Beauty has a 52 week low of $187.96 and a 52 week high of $314.86.
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About Ulta Beauty
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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