Sally Beauty Holdings (SBH) : 5 brokerage houses believe that Sally Beauty Holdings (SBH) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Sally Beauty Holdings (SBH). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.15.
Sally Beauty Holdings (SBH) stock is expected to deviate a maximum of $2.16 from the average target price of $33.7 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $36 and the most muted being $30.
For the current week, the company shares have a recommendation consensus of Buy.
Sally Beauty Holdings (NYSE:SBH): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.31 and $30.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.31, notching a gain of 0.63% for the day. The total traded volume was 1,586,798 . The stock had closed at $30.12 on the previous day.
Sally Beauty Holdings, Inc. (Sally Beauty) is a retailer and distributor of beauty supplies. The Company operates in North America, South America and Europe. Sally Beauty operates through two business segments namely Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty provides its customers with a variety of third-party branded beauty supplies, including hair color products, hair care products, styling appliances, brushes, nail care products, ethnic products and beauty items. Sally Beauty Supply is an open-line distributor of professional beauty supplies in the United States. Sally beauty supply products are sold in shopping centers, grocery stores, mass merchants and home centers. BSG is a full-service distributor of beauty supplies in North America. BSG and Armstrong McCall stores provide beauty product SKUs that include hair color, hair care, skin and nail care, beauty sundries and electrical appliances. BSG stores are located in secondary strip shopping centers.