Canaccord Genuity Reiterates Hold on Urban Outfitters (URBN)

By admin | 6 years ago

Urban Outfitters (NASDAQ: URBN)‘s stock had its “hold” rating reaffirmed by Canaccord Genuity in a research note issued on Tuesday.

Several other analysts have also recently commented on the stock. Analysts at Janney Montgomery Scott reiterated a “buy” rating on shares of Urban Outfitters in a research note to investors on Tuesday. Separately, analysts at Brean Murray raised their price target on shares of Urban Outfitters from $1.40 to $1.46 in a research note to investors on Tuesday. Finally, analysts at Nomura (NYSE: NMR) reiterated a “neutral” rating on shares of Urban Outfitters in a research note to investors on Wednesday, April 4th.

Urban Outfitters opened at 28.10 on Tuesday. Urban Outfitters has a 1-year low of $21.47 and a 1-year high of $33.90. The company has a market cap of $4.069 billion and a price-to-earnings ratio of 23.44.

Urban Outfitters last released its earnings data on Monday, May 21st. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.03. The company’s quarterly revenue was up 8.6% on a year-over-year basis. Analysts expect that Urban Outfitters will post $0.41 EPS next quarter.

Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle specialty retail company, which operates under the Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN brands.

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