Analysts Offer Insights on Services Companies: Ulta Salon (NASDAQ: ULTA) and L Brands (NYSE: LB)

By Carrie Williams

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Ulta Salon (NASDAQ:ULTA) and L Brands (NYSE:LB).

Ulta Salon (ULTA)

In a report released today, Mark Astrachan from Stifel Nicolaus maintained a Hold rating on Ulta Salon, with a price target of $245. The company’s shares closed yesterday at $239.40.

According to TipRanks.com, Astrachan is a 4-star analyst with an average return of 7.5% and a 61.5% success rate. Astrachan covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Monster Beverage Corp, and Colgate-Palmolive.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ulta Salon with a $273.50 average price target, implying a 14.2% upside from current levels. In a report issued on August 20, Loop Capital Markets also maintained a Hold rating on the stock with a $250 price target.

.

See today’s analyst top recommended stocks >>

L Brands (LB)

In a report released today, Edward Yruma from KeyBanc maintained a Sell rating on L Brands, with a price target of $25. The company’s shares closed yesterday at $28.25, close to its 52-week low of $27.95.

According to TipRanks.com, Yruma is a 4-star analyst with an average return of 11.4% and a 60.9% success rate. Yruma covers the Services sector, focusing on stocks such as Weight Watchers International, Wal-Mart Stores Inc, and Urban Outfitters.

The word on The Street in general, suggests a Hold analyst consensus rating for L Brands with a $31.33 average price target, implying a 10.9% upside from current levels. In a report issued on August 9, Loop Capital Markets also maintained a Sell rating on the stock with a $27 price target.

.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.