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Urban Outfitters (NASDAQ:URBN)‘s stock had its “buy” rating reiterated by investment analysts at Brean Capital in a note issued to investors on Thursday, AnalystRatings.NET reports. They currently have a $43.00 price target on the stock. Brean Capital’s target price would suggest a potential upside of 17.26% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Janney Montgomery Scott reiterated a “buy” rating on shares of Urban Outfitters in a research note on Thursday. They now have a $41.00 price target on the stock. Separately, analysts at FBR Capital Markets downgraded shares of Urban Outfitters from an “outperform” rating to a “market perform” rating in a research note on Thursday. They now have a $37.00 price target on the stock, down previously from $44.00. Finally, analysts at Wedbush raised their price target on shares of Urban Outfitters from $44.00 to $46.00 in a research note on Wednesday, April 9th. Six analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $43.96.

Shares of Urban Outfitters (NASDAQ:URBN) opened at 36.67 on Thursday. Urban Outfitters has a one year low of $33.95 and a one year high of $44.96. The stock’s 50-day moving average is $36.31 and its 200-day moving average is $36.88. The company has a market cap of $5.301 billion and a P/E ratio of 19.68.

Urban Outfitters (NASDAQ:URBN) last posted its quarterly earnings results on Monday, March 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.05. The company had revenue of $905.90 million for the quarter, compared to the consensus estimate of $906.00 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. Analysts expect that Urban Outfitters will post $2.02 EPS for the current fiscal year.

Urban Outfitters, Inc (NASDAQ:URBN) is a lifestyle specialty retail company, which operates under the Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN brands.

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