Barclays analyst Lauren Lieberman assigned a Hold rating to Olaplex Holdings (OLPX – Research Report) yesterday and set a price target of $2.00. The company’s shares closed yesterday at $2.17.
According to TipRanks, Lieberman is a 3-star analyst with an average return of 1.9% and a 52.57% success rate. Lieberman covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Coca-Cola, and Colgate-Palmolive.
The word on The Street in general, suggests a Hold analyst consensus rating for Olaplex Holdings with a $1.89 average price target.
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OLPX market cap is currently $1.4B and has a P/E ratio of 18.27.
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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.
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