Urban Outfitters (URBN) has risen sharply, recording gains of 24.48% in the past 4 weeks. However, the stock has corrected -1.56% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 24.74% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 14.99% and the fifty day Moving Average is 24.69%. Urban Outfitters Inc. is up 28.7% in the last three month period. Year-to-Date the stock performance stands at 63.6%.
Urban Outfitters (URBN) : Average target price received by Urban Outfitters (URBN) is $37.16 with an expected standard deviation of $4.13. The most aggressive target on the stock is $45, whereas the most downbeat target is $31. 19 financial analysts are currently covering the stock.
Urban Outfitters (NASDAQ:URBN): stock turned positive on Friday. Though the stock opened at $36.79, the bulls momentum made the stock top out at $37.46 level for the day. The stock recorded a low of $36.71 and closed the trading day at $37.22, in the green by 1.20%. The total traded volume for the day was 1,955,908. The stock had closed at $36.78 in the previous days trading.
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.