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Urban Outfitters (NASDAQ:URBN)‘s stock had its “in-line” rating reiterated by equities research analysts at Janney Montgomery Scott in a research note issued to investors on Tuesday. They currently have a $41.00 price objective on the stock. Janney Montgomery Scott’s price objective points to a potential upside of 11.10% from the company’s current price.

Urban Outfitters (NASDAQ:URBN) opened at 36.92 on Tuesday. Urban Outfitters has a 1-year low of $32.23 and a 1-year high of $44.15. The stock’s 50-day moving average is $34.96 and its 200-day moving average is $35.37. The company has a market cap of $5.086 billion and a P/E ratio of 19.66. Urban Outfitters also was the recipient of unusually large options trading on Monday. Traders acquired 11,664 call options on the stock. This is an increase of 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. On average, analysts predict that Urban Outfitters will post $1.96 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Urban Outfitters in a research note on Tuesday. They now have a $50.00 price target on the stock. Separately, analysts at Bank of America upgraded shares of Urban Outfitters from a “hold” rating to an “outperform” rating in a research note on Tuesday. They now have a $44.00 price target on the stock, up previously from $40.00. Finally, analysts at Piper Jaffray reiterated an “overweight” rating on shares of Urban Outfitters in a research note on Tuesday. Ten equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $42.41.

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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