In a report released today, Rupesh Parikh from Oppenheimer maintained a Buy rating on Ulta Beauty (ULTA), with a price target of $240.00. The company’s shares closed last Monday at $215.48.
According to TipRanks.com, Parikh is a 5-star analyst with an average return of 14.3% and a 60.7% success rate. Parikh covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, The Estée Lauder Companies, and Church & Dwight.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ulta Beauty with a $234.06 average price target, representing a 9.2% upside. In a report issued on April 28, Robert W. Baird also maintained a Buy rating on the stock with a $260.00 price target.
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The company has a one-year high of $368.83 and a one-year low of $124.06. Currently, Ulta Beauty has an average volume of 1.28M.
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Ulta Beauty, Inc. is a beauty retailer of cosmetics, fragrance, skin care products, hair care products, and salon services. It provides unmatched product breadth, value and convenience in a distinctive specialty retail environment. The company was founded in January 9, 1990 and is headquartered in Bolingbrook, IL.
