Urban Outfitters Stock Rating Reaffirmed by RBC Capital (URBN)
A number of other firms have also recently commented on URBN. Analysts at Credit Agricole reiterated a “buy” rating on shares of Urban Outfitters in a research note to investors on Monday. They now have a $52.00 price target on the stock. Separately, analysts at BMO Capital Markets downgraded shares of Urban Outfitters from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, February 15th. They now have a $45.00 price target on the stock. Finally, analysts at Wedbush raised their price target on shares of Urban Outfitters from $39.00 to $42.00 in a research note to investors on Monday, February 11th. They now have a “neutral” rating on the stock.
Thirteen analysts have rated the stock with a buy rating, and sixteen have assigned a hold rating to the company. The company has an average rating of “overweight” and a consensus price target of $45.83.
Urban Outfitters traded up 0.54% on Friday, hitting $40.71. Urban Outfitters has a 1-year low of $25.43 and a 1-year high of $44.15. The stock’s 50-day moving average is currently $41.85. The company has a market cap of $5.940 billion and a price-to-earnings ratio of 30.24.
Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle specialty retail company, which operates under the Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN brands.
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