Shares of Urban Outfitters Inc. (NASDAQ:URBN) have earned a consensus rating of “Hold” from the thirty-five brokerages that are currently covering the firm. One equities research analyst has rated the stock with a sell rating, nineteen have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $35.85.

Several research firms have weighed in on URBN. Deutsche Bank AG boosted their target price on shares of Urban Outfitters from $28.00 to $32.00 and gave the stock a “hold” rating in a research report on Monday, July 25th. Zacks Investment Research downgraded shares of Urban Outfitters from a “hold” rating to a “sell” rating in a research report on Tuesday, July 26th. Goldman Sachs Group Inc. boosted their target price on shares of Urban Outfitters from $29.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, August 17th. Credit Suisse Group AG reissued a “neutral” rating and set a $34.00 target price on shares of Urban Outfitters in a research report on Wednesday, August 17th. Finally, Evercore ISI raised shares of Urban Outfitters from a “hold” rating to a “buy” rating and boosted their target price for the stock from $38.00 to $40.00 in a research report on Wednesday, August 17th.

Shares of Urban Outfitters (NASDAQ:URBN) opened at 37.51 on Tuesday. Urban Outfitters has a 52 week low of $20.06 and a 52 week high of $40.80. The stock has a 50 day moving average of $35.01 and a 200-day moving average of $31.71. The stock has a market capitalization of $4.40 billion, a PE ratio of 19.32 and a beta of 0.69.

In other news, General Counsel Azeez Hayne sold 6,260 shares of the firm’s stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $39.95, for a total transaction of $250,087.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 24.30% of the company’s stock.

Several institutional investors have recently made changes to their positions in URBN. Credit Agricole S A raised its position in shares of Urban Outfitters by 44.4% in the first quarter. Credit Agricole S A now owns 16,264 shares of the apparel retailer’s stock worth $538,000 after buying an additional 5,000 shares during the period. Renaissance Technologies LLC raised its position in shares of Urban Outfitters by 26.7% in the first quarter. Renaissance Technologies LLC now owns 340,100 shares of the apparel retailer’s stock worth $11,254,000 after buying an additional 71,700 shares during the period. Nuveen Asset Management LLC acquired a new position in shares of Urban Outfitters during the first quarter worth about $1,162,000. Adage Capital Partners GP L.L.C. acquired a new position in shares of Urban Outfitters during the first quarter worth about $4,308,000. Finally, Envestnet Asset Management Inc. raised its position in shares of Urban Outfitters by 40.2% in the first quarter. Envestnet Asset Management Inc. now owns 53,492 shares of the apparel retailer’s stock worth $1,770,000 after buying an additional 15,337 shares during the period. Institutional investors and hedge funds own 73.56% of the company’s stock.

About Urban Outfitters

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 Company’s Urban Outfitters, Anthropologie Group, Free People and Terrain brands, whose merchandise is sold directly to the Company’s customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.

5 Day Chart for NASDAQ:URBN

Receive News & Stock Ratings for Urban Outfitters Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban Outfitters Inc. and related stocks with our FREE daily email newsletter.