Urban Outfitters (URBN) : The consensus on Urban Outfitters (URBN) based on 23 analyst recommendation on the company stock is 2.35, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 15 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Urban Outfitters (URBN) : The highest level Urban Outfitters (URBN) is projected to reach is $40 for the short term and the lowest estimate is at $26. The consolidated price target from 19 rating analysts who initiate coverage on the stock is $31.47 and the possibility the share price can swing is $3.95.
For the current week, the company shares have a recommendation consensus of Buy.
Urban Outfitters (NASDAQ:URBN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.67 and $29.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.69, notching a gain of 0.71% for the day. The total traded volume was 1,544,018 . The stock had closed at $29.48 on the previous day.
Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle retail company. The Company operates through two business segments: Retail and Wholesale. The Retail segment consists of the Companys Urban Outfitters, Anthropologie Group, Free People and Terrain brands, whose merchandise is sold directly to the Companys customers through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Urban Outfitters targets young adults aged 18 to 28. The Anthropologie Group consists of the Anthropologie and Bhldn brands. Free People retail stores offer private label branded merchandise targeted to young contemporary women aged 25 to 30. Terrain brand is designed for women and men interested in a creative, outdoor living and gardening. The Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young womens contemporary casual apparel.