Urban Outfitters, Inc. (URBN) Receives $29.45 Consensus Target Price from Brokerages

Xavier Trudeau
Juin 20, 2017

Zweig DiMenna Associates LLC acquired a new stake in shares of Urban Outfitters during the third quarter worth approximately $400,000. The firm purchased 16,761 shares of the apparel retailer's stock, valued at approximately $398,000. The company had a trading volume of 2,578,396 shares. GSA Capital Partners LLP acquired a new stake in Urban Outfitters during the fourth quarter worth $347,000. Hartford Investment Management Co. boosted its stake in shares of Urban Outfitters by 22.2% in the third quarter. LS Investment Advisors LLC now owns 8,436 shares of the apparel retailer's stock valued at $200,000 after buying an additional 4,561 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Urban Outfitters by 1.2% in the third quarter. Miles Capital Inc. now owns 8,470 shares of the apparel retailer's stock valued at $201,000 after buying an additional 70 shares in the last quarter. Finally, Employees Retirement System of Texas increased its stake in Urban Outfitters by 257.9% in the fourth quarter. Employees Retirement System of Texas now owns 50,100 shares of the apparel retailer's stock valued at $1,427,000 after buying an additional 36,100 shares during the period.

Urban Outfitters, Inc. has a one year low of $16.19 and a one year high of $40.80.

Urban Outfitters (NASDAQ:URBN) traded up 0.28% during trading on Monday, reaching $18.14. The company has a 50-day moving average price of $20.13 and a 200-day moving average price of $24.95.

Urban Outfitters (NASDAQ:URBN) last released its quarterly earnings data on Tuesday, May 16th. The apparel retailer reported $0.13 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.03. The firm had revenue of $761.20 million during the quarter, compared to the consensus estimate of $768.95 million. Urban Outfitters had a return on equity of 15.88% and a net margin of 5.66%. The firm's revenue for the quarter was down.2% on a year-over-year basis. During the same period a year ago, the business posted $0.25 earnings per share. On average, analysts predict that Urban Outfitters will post $1.42 earnings per share for the current fiscal year.

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Royal Bank Of Canada restated their sector perform rating on shares of Urban Outfitters, Inc.

URBN has been the subject of a number of other research reports. MKM Partners downgraded shares of Urban Outfitters from a "neutral" rating to a "sell" rating and set a $35.00 price target on the stock.in a research note on Monday, February 27th. Citigroup Inc. reissued a "neutral" rating and issued a $20.00 price objective (down from $23.00) on shares of Urban Outfitters in a report on Sunday, June 11th. Vetr downgraded Urban Outfitters from a strong-buy rating to a buy rating and set a $28.87 target price for the company.in a research report on Monday, February 27th. Wells Fargo & Company reissued a "market perform" rating and set a $16.00 price objective (down previously from $18.00) on shares of Urban Outfitters in a research report on Friday, June 9th. Three equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating and eight have given a buy rating to the company's stock. Below is a list of American Eagle Outfitters (NYSE:AEO) latest ratings and price target changes.

Urban Outfitters, Inc is a lifestyle specialty retail company.

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