(The)'s target price suggests a potential upside of 7.02% from the stock's current price. Morgan Stanley upgraded the shares of URBN in report on Friday, May 20 to "Overweight" rating. Robert W. Baird reissued an "outperform" rating and issued a $25.00 target price (down from $28.00) on shares of Urban Outfitters in a report on Wednesday, May 17th. Deutsche Bank AG reiterated a "hold" rating and set a $18.00 price objective (down previously from $19.00) on shares of Urban Outfitters in a report on Friday. Oppenheimer Holdings, Inc. restated a "hold" rating on shares of Urban Outfitters in a report on Tuesday. The original version of this report can be accessed at https://transcriptdaily.com/2017/08/16/goldman-sachs-group-inc-the-analysts-give-urban-outfitters-inc-urbn-a-18-00-price-target.html. Four analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and eight have issued a buy rating to the company. With the big day approaching, SunTrust Robinson started BABA stock out with a "buy" rating, and set a price target of $175. (NASDAQ:URBN) traded down 5.13% on Tuesday, hitting $16.82.
Beta is also an important valuation ratio for analyzing the stock of the company, URBN has Beta of 0.63 while its industry and Sector's beta remains at 1.58 and 1.31 respectively. During the last 52 weeks, the (NASDAQ:URBN) price has been as high as $40.8 and as low as $16.19.
In the options pits, traders have been showing an unusual preference for puts lately. Moreover, Aimz Investment Advisors Llc has 1.69% invested in the company for 66,306 shares. This is an increase of 763% compared to the average daily volume of 3,727 put options.
Urban Outfitters (NASDAQ:URBN) last posted its earnings results on Tuesday, August 15th.
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Last time, the company failed Wall Street by reporting EPS of $0.13, smashing the consensus of $0.16 per share. The firm had revenue of $761.20 million for the quarter, compared to analysts' expectations of $768.95 million.
According to Zacks brokerage recommendations, Urban Outfitters, Inc.
Urban Outfitters has reported a 2% drop in Q2 revenues, which it described as "disappointing", but said it there were encouraging signs of top level growth in future quarters.
Shares of Urban Outfitters, Inc. closed the previous trading session at 16.82 down -0.91 -5.13% with 10,484,713 shares trading hands.
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A number of other institutional investors also recently added to or reduced their stakes in the company. Robecosam AG raised its position in Urban Outfitters by 22.0% in the first quarter. Great West Life Assurance Co. FMR LLC increased its stake in Urban Outfitters by 2.4% in the second quarter. Can now owns 301,564 shares of the apparel retailer's stock worth $7,168,000 after buying an additional 277,687 shares during the last quarter. LS Investment Advisors LLC now owns 8,436 shares of the apparel retailer's stock worth $200,000 after buying an additional 4,561 shares during the last quarter. Finally, BT Investment Management Ltd acquired a new stake in Urban Outfitters during the second quarter valued at $196,000. Sun Life Financial INC bought a new stake in Urban Outfitters during the second quarter worth $151,000. Dimensional Fund Advsrs L P owns 0.02% invested in Urban Outfitters, Inc.
Urban Outfitters, Inc. (NASDAQ:URBN)'s market cap, the total dollar value of all of their outstanding shares, is 1893.26m. Free People wholesale sells its product through approximately 1,900 department and specialty stores worldwide, third-party websites and the Company's own retail stores.
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