In a report released today, Korinne Wolfmeyer from Piper Sandler assigned a Sell rating to Olaplex Holdings (OLPX – Research Report), with a price target of $1.50. The company’s shares closed yesterday at $2.50.
According to TipRanks, Wolfmeyer is a 3-star analyst with an average return of 2.1% and a 54.95% success rate. Wolfmeyer covers the Consumer Cyclical sector, focusing on stocks such as Inter Parfums, Ulta Beauty, and e.l.f. Beauty.
Olaplex Holdings has an analyst consensus of Hold, with a price target consensus of $2.69.
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The company has a one-year high of $7.10 and a one-year low of $1.35. Currently, Olaplex Holdings has an average volume of 2.56M.
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Olaplex Holdings (OLPX) Company Description:
Olaplex Holdings Inc is a science-enabled, technology-driven beauty company. It offers science-backed solutions that improve hair health. It identifies consumers’ most relevant haircare concerns in collaboration with the community of professional hairstylists and consumers and strives to address them through its proprietary technology and innovation capabilities. It offers products through a global omnichannel platform serving the professional, specialty retail, and DTC channels. The company derives its revenue through the sale of its specialty hair care products.
Read More on OLPX:
- Olaplex Holdings names Amanda Baldwin CEO
- Sally Beauty price target raised to $12 from $11 at Piper Sandler
- Olaplex Holdings, Inc. Announces Participation in the Morgan Stanley Global Consumer & Retail Conference on December 6th
- Olaplex Holdings management to meet with Telsey Advisory
- Olaplex Holdings price target lowered to $2 from $4 at Telsey Advisory
