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Urban Outfitters (NASDAQ:URBN)‘s stock had its “hold” rating reiterated by research analysts at Maxim Group in a report released on Monday. They currently have a $35.00 price target on the stock, up from their previous price target of $30.00. Maxim Group’s price objective suggests a potential downside of 9.30% from the company’s current price. The analysts noted that the move was a valuation call.

A number of other firms have also recently commented on URBN. 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. Nine equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $42.29.

Shares of Urban Outfitters (NASDAQ:URBN) opened at 38.59 on Monday. Urban Outfitters has a 52 week low of $32.23 and a 52 week high of $44.15. The stock’s 50-day moving average is $35.06 and its 200-day moving average is $35.39. The company has a market cap of $5.316 billion and a price-to-earnings ratio of 20.13. Urban Outfitters also was the target of unusually large options trading on Monday. Stock investors bought 11,664 call options on the company. This represents an increase of approximately 842% compared to the typical volume of 1,238 call options.

Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings data on Monday, August 18th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.49. The company had revenue of $811.00 million for the quarter, compared to the consensus estimate of $807.00 million. During the same quarter in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. Analysts expect that Urban Outfitters will post $1.95 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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