Goldman Sachs Starts Sally Beauty Holdings (SBH) at Neutral

January 26, 2012 7:04 AM EST
Get Alerts SBH Hot Sheet
Price: $16.42 -0.73%

Rating Summary:
    10 Buy, 9 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on Sally Beauty Holdings (NYSE: SBH) with a Neutral rating and $22 price target.

The firm said SBH is an attractive story due to recession-resistant sales growth, consistent margin gains from ongoing mix shifts and cash deployment potential. That said, the consensus already captures much of this.

For an analyst ratings summary and ratings history on Sally Beauty Holdings click here. For more ratings news on Sally Beauty Holdings click here.

Shares of Sally Beauty Holdings closed at $20.45 yesterday.


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