Urban Outfitters (URBN) : Traders are bullish on Urban Outfitters (URBN) as it has outperformed the S&P 500 by a wide margin of 1.13% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.41%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.84% in the last 1 week, and is up 3.64% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Urban Outfitters (NASDAQ:URBN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.44 and $29.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.15, notching a gain of 3.40% for the day. The total traded volume was 1,792,237 . The stock had closed at $29.16 on the previous day.
The stock has recorded a 20-day Moving Average of 2.23% and the 50-Day Moving Average is 6.83%. Urban Outfitters Inc. is up 5.38% in the last 3-month period. Year-to-Date the stock performance stands at 32.53%.
Urban Outfitters (URBN) : The highest short term price target forecast on Urban Outfitters (URBN) is $40 and the lowest target price is $26. A total of 17 equity analysts are currently covering the company. The average price of all the analysts is $31.41 with a standard deviation of $3.74.
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.