Janney Montgomery Scott Reaffirms Buy (N/A) Rating on Urban Outfitters (URBN)

By admin | 6 years ago

Urban Outfitters (NASDAQ: URBN)‘s stock had its “buy (n/a)” rating restated by equities researchers at Janney Montgomery Scott in a report issued on Monday.

Shares of Urban Outfitters opened at 26.64 on Monday. Urban Outfitters has a one year low of $21.47 and a one year high of $33.90. The company has a market cap of $3.858 billion and a P/E ratio of 22.22.

Urban Outfitters last issued its quarterly earnings data on Monday, May 21st. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.03. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, analysts predict that Urban Outfitters will post $0.41 earnings per share next quarter.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Urban Outfitters in a research note to investors on Wednesday, May 23rd. They now have a $30.00 price target on the stock. Separately, analysts at Brean Murray Carret & Co. reiterated a “sell” rating on shares of Urban Outfitters in a research note to investors on Tuesday, May 22nd. Finally, analysts at Brean Murray reiterated a “sell” rating on shares of Urban Outfitters in a research note to investors on Tuesday, May 22nd.

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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