Urban Outfitters Inc. (NASDAQ:URBN) has been assigned a $40.00 price objective by stock analysts at Stifel Nicolaus in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the apparel retailer’s stock. Stifel Nicolaus’ target price suggests a potential upside of 19.19% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. Wolfe Research raised Urban Outfitters from a “peer perform” rating to an “outperform” rating and increased their price target for the company from $36.00 to $43.00 in a research note on Wednesday, September 7th. Vetr raised Urban Outfitters from a “sell” rating to a “hold” rating and set a $35.42 price target for the company in a research note on Thursday. Wedbush set a $34.00 price target on Urban Outfitters and gave the company a “hold” rating in a research note on Friday. Piper Jaffray Cos. reissued a “fair value” rating and issued a $42.00 price target (up previously from $32.00) on shares of Urban Outfitters in a research note on Wednesday, August 17th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $34.00 price target on shares of Urban Outfitters in a research note on Wednesday, November 23rd. Twenty-two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $35.79.

Analyst Recommendations for Urban Outfitters (NASDAQ:URBN)

Shares of Urban Outfitters (NASDAQ:URBN) opened at 33.56 on Thursday. The firm has a 50-day moving average price of $35.15 and a 200 day moving average price of $31.98. Urban Outfitters has a 1-year low of $20.06 and a 1-year high of $40.80. The company has a market cap of $3.94 billion, a PE ratio of 18.85 and a beta of 0.69.

Urban Outfitters (NASDAQ:URBN) last posted its earnings results on Tuesday, November 22nd. The apparel retailer reported $0.40 EPS for the quarter, missing the consensus estimate of $0.44 by $0.04. The firm earned $862.50 million during the quarter. Urban Outfitters had a net margin of 6.42% and a return on equity of 19.13%. The company’s revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.42 EPS. On average, equities analysts anticipate that Urban Outfitters will post $2.05 earnings per share for the current year.

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In other news, General Counsel Azeez Hayne sold 6,260 shares of the business’s stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $39.95, for a total value of $250,087.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 24.30% of the stock is owned by insiders.

Large investors have recently added to or reduced their stakes in the stock. Palo Capital Inc. bought a new stake in Urban Outfitters during the second quarter worth $408,000. First Quadrant L P CA raised its stake in Urban Outfitters by 253.7% in the second quarter. First Quadrant L P CA now owns 473,601 shares of the apparel retailer’s stock worth $13,024,000 after buying an additional 339,701 shares during the period. Acadian Asset Management LLC raised its stake in Urban Outfitters by 304.6% in the second quarter. Acadian Asset Management LLC now owns 19,365 shares of the apparel retailer’s stock worth $532,000 after buying an additional 14,579 shares during the period. Americafirst Capital Management LLC bought a new stake in Urban Outfitters during the second quarter worth $572,000. Finally, GW&K Investment Management LLC raised its stake in Urban Outfitters by 18.1% in the second quarter. GW&K Investment Management LLC now owns 404,123 shares of the apparel retailer’s stock worth $11,113,000 after buying an additional 62,027 shares during the period. 74.17% of the stock is owned by institutional investors.

Urban Outfitters Company Profile

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

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