Several other research firms also recently commented on URBN. BidaskClub upgraded Urban Outfitters from a buy rating to a strong-buy rating in a report on Friday, February 23rd. Telsey Advisory Group lifted their price objective on Urban Outfitters from $35.00 to $38.00 and gave the stock a market perform rating in a report on Tuesday, January 2nd. Zacks Investment Research downgraded Urban Outfitters from a buy rating to a hold rating in a report on Monday, January 22nd. Robert W. Baird set a $39.00 price objective on Urban Outfitters and gave the stock a buy rating in a report on Friday, December 22nd. Finally, Royal Bank of Canada set a $37.00 price objective on Urban Outfitters and gave the stock a hold rating in a report on Friday, February 9th. Three equities research analysts have rated the stock with a sell rating, twenty-one have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $27.06.
Urban Outfitters (NASDAQ:URBN) opened at $35.97 on Tuesday. The stock has a market capitalization of $3,890.00, a PE ratio of 23.98, a PEG ratio of 1.61 and a beta of 0.62. Urban Outfitters has a 52-week low of $16.19 and a 52-week high of $38.06.
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About Urban Outfitters
Urban Outfitters, Inc is a lifestyle specialty retail company. The Company operates through two segments: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.
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