Urban Outfitters (NASDAQ:URBN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.35 by 23 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 15 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Morgan Stanley upgrades its rating on Urban Outfitters (NASDAQ:URBN). The global brokerage major maintains a current price target of $32 per share. Analysts at the Morgan Stanley have a current rating of Overweight on the shares. The shares were previously rated Equal-weight. The rating by the firm was issued on May 20, 2016.
Urban Outfitters (NASDAQ:URBN): 19 Analyst have given the stock of Urban Outfitters (NASDAQ:URBN) a near short term price target of $31.47. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $3.95. The higher price target estimate is at $40 while the lower price estimates are fixed at $26.
Urban Outfitters (NASDAQ:URBN) rose 0.5% or 0.13 points on Tuesday and made its way into the gainers of the day. After trading began at $26.19 the stock was seen hitting $26.51 as a peak level and $26.06 as the lowest level. The stock ended up at $26.28. The daily volume was measured at 1,756,499 shares. The 52-week high of the share price is $36.99 and the 52-week low is $19.26. The company has a market cap of $3,078 million.
Shares of Urban Outfitters Inc. appreciated by 1.35% during the last five trading days but lost 7.72% on a 4-week basis. Urban Outfitters Inc. has dropped 19.95% during the last 3-month period . Year-to-Date the stock performance stands at 15.52%.
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.