Sally Beauty (NYSE:SBH) Rating Lowered to Hold at

Sally Beauty (NYSE:SBHGet Rating) was downgraded by analysts at from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Other equities analysts have also recently issued reports about the company. Cowen reduced their target price on Sally Beauty from $30.00 to $20.00 in a research note on Friday, May 6th. TheStreet cut Sally Beauty from a “b-” rating to a “c+” rating in a research note on Thursday, June 23rd. Oppenheimer cut Sally Beauty from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 5th. Morgan Stanley lowered Sally Beauty from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $19.00 to $12.00 in a research report on Thursday, June 16th. Finally, Raymond James lowered Sally Beauty from a “market perform” rating to an “underperform” rating in a research report on Wednesday, June 29th. Two analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $18.70.

Sally Beauty Trading Up 1.0 %

NYSE SBH opened at $13.74 on Friday. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.60 and a quick ratio of 0.59. Sally Beauty has a 12 month low of $11.28 and a 12 month high of $21.86. The company has a market cap of $1.47 billion, a P/E ratio of 6.74 and a beta of 1.38. The company has a 50-day moving average of $13.19 and a 200-day moving average of $15.18.

Sally Beauty (NYSE:SBHGet Rating) last released its quarterly earnings results on Thursday, August 4th. The

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