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Analysts at Jefferies Group dropped their EPS estimates on shares of Urban Outfitters (NASDAQ:URBN) in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the company’s shares.

Several other analysts have also recently commented on the stock. Analysts at Telsey Advisory Group cut their price target on shares of Urban Outfitters from $43.00 to $41.00 in a research note on Tuesday. They now have a “not rated” rating on the stock. Separately, analysts at Piper Jaffray reiterated a “positive” rating on shares of Urban Outfitters in a research note on Tuesday. Finally, analysts at Stifel Nicolaus cut their price target on shares of Urban Outfitters from $48.00 to $44.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $42.73.

Urban Outfitters (NASDAQ:URBN) opened at 36.17 on Tuesday. Urban Outfitters has a 52-week low of $33.95 and a 52-week high of $44.35. The stock has a 50-day moving average of $36.29 and a 200-day moving average of $36.83. The company has a market cap of $5.229 billion and a price-to-earnings ratio of 19.14. Urban Outfitters also was the recipient of some unusual options trading activity on Monday. Investors acquired 14,247 call options on the company. This is an increase of 900% compared to the typical daily volume of 1,425 call options.

Urban Outfitters (NASDAQ:URBN) last released its earnings data on Monday, May 19th. The company reported $0.26 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.27 by $0.01. The company had revenue of $686.30 million for the quarter, compared to the consensus estimate of $680.61 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 5.9% on a year-over-year basis. On average, analysts predict that Urban Outfitters will post $2.01 earnings per share 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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