Urban Outfitters Receives Consensus Rating of “Buy” from Brokerages (NASDAQ:URBN)
Urban Outfitters (NASDAQ:URBN) has been given an average rating of “Buy” by the thirty analysts that are currently covering the stock, StockRatingsNetwork.com reports. Eleven equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $41.81.
Shares of Urban Outfitters (NASDAQ:URBN) opened at 36.05 on Thursday. Urban Outfitters has a 52-week low of $32.23 and a 52-week high of $44.15. The stock has a 50-day moving average of $34.8 and a 200-day moving average of $35.36. The company has a market cap of $4.966 billion and a price-to-earnings ratio of 19.82.
A number of analysts have recently weighed in on URBN shares. Analysts at Wunderlich initiated coverage on shares of Urban Outfitters in a research note on Tuesday, August 12th. They set a “buy” rating and a $42.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Urban Outfitters in a research note on Wednesday, July 30th. They now have a $38.00 price target on the stock, down previously from $40.00. Finally, analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of Urban Outfitters in a research note on Monday, July 28th. They now have a $41.00 price target on the stock, up previously from $40.00.
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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