November 23, 2016 - By Peter Erickson
In a research report published on 23 November, Urban Outfitters (NASDAQ:URBN) stock Hold was reaffirmed by Analysts at Deutsche Bank. They currently have a $34.00 target on the stock. Deutsche Bank’s target suggests a potential downside of -0.70% from the company’s last stock close price.
Out of 30 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 10 rate it a “Buy”, 0 “Sell”, while 20 “Hold”. This means 33% are positive. $53 is the highest target while $20 is the lowest. The $32.48 average target is -5.14% below today’s ($34.24) stock price. Urban Outfitters Inc. has been the topic of 74 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Wolfe Research upgraded Urban Outfitters, Inc. (NASDAQ:URBN) rating on Wednesday, September 7. Wolfe Research has “Outperform” rating and $43 price target. As per Wednesday, August 17, the company rating was maintained by Deutsche Bank. JP Morgan maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Friday, March 18 with “Neutral” rating. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Buy” rating given on Friday, April 1 by Goldman Sachs. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Sector Perform” rating by RBC Capital Markets on Friday, June 10. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Sector Perform” rating given on Thursday, February 18 by RBC Capital Markets. Citigroup upgraded the shares of URBN in a report on Tuesday, November 15 to “Buy” rating. Credit Suisse maintained the stock with “Neutral” rating in Wednesday, August 17 report. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Market Perform” rating given on Tuesday, March 8 by Cowen & Co. The rating was maintained by Citigroup with “Buy” on Wednesday, August 17.
About 10.88M shares traded hands or 336.95% up from the average. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 25.92% since April 21, 2016 and is uptrending. It has outperformed by 20.59% the S&P500.
Insitutional Activity: The institutional sentiment increased to 1.19 in Q2 2016. Its up 0.12, from 1.07 in 2016Q1. The ratio is positive, as 45 funds sold all Urban Outfitters, Inc. shares owned while 91 reduced positions. 39 funds bought stakes while 107 increased positions. They now own 83.39 million shares or 1.57% less from 84.73 million shares in 2016Q1.
Hutchin Hill Cap Limited Partnership reported 44,700 shares or 0.04% of all its holdings. Advisors Asset Management Inc has 400 shares for 0% of their US portfolio. Barclays Public Limited Company has 0% invested in the company for 92,749 shares. Tdam Usa accumulated 0.04% or 31,244 shares. Moreover, Blackrock Fund Advsr has 0.01% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 1.34M shares. Cantab Capital Partners Llp accumulated 17,781 shares or 0% of the stock. Tudor Invest Corporation Et Al has invested 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Price T Rowe Assocs Md accumulated 0% or 148,650 shares. State Of New Jersey Common Pension Fund D accumulated 66,500 shares or 0.01% of the stock. Oregon Employees Retirement Fund has 0.01% invested in the company for 21,192 shares. Citadel Limited Liability Corporation has invested 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Airain Ltd holds 0.36% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN) for 228,023 shares. Legal And General Group Inc Public Limited Com accumulated 60,153 shares or 0% of the stock. Huntington Bank & Trust owns 2,237 shares or 0% of their US portfolio. Moreover, United Svcs Automobile Association has 0.03% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 289,895 shares.
Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 2 sales for $399,767 net activity. Conforti Frank sold 4,000 shares worth $149,680. Shares for $250,087 were sold by Hayne Azeez on Monday, November 14.
Urban Outfitters, Inc. is a lifestyle specialty retail company. The company has a market cap of $4.21 billion. The Firm operates through two divisions: Retail and Wholesale. It has a 17.63 P/E ratio. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its clients through retail stores, Websites, mobile applications, catalogs and customer contact centers.
According to Zacks Investment Research, “Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. The retailing segment operates through retail stores and direct response, including a catalog and two web sites. The company’s wholesale business designs and markets young women’s casual wear which it provides to the company’s retail operations and sells to specialty retailers worldwide.”
Urban Outfitters, Inc., incorporated on August 06, 1976, is a lifestyle specialty retail company. The Firm operates through two divisions: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its clients through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Retail segment also includes Vetri Family, which operates restaurants under the names Amis, Alla Spina, Lo Spiedo, Pizzeria Vetri and Osteria. The Company’s Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women’s contemporary casual apparel and shoes through individual and chain specialty stores and department stores.
More notable recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Wsj.com which released: “Urban Outfitters Rally Has Gone Too Far” on November 21, 2016, also Investorplace.com with their article: “Urban Outfitters, Inc. (URBN) Shares Plunge on Q3 Earnings Results” published on November 23, 2016, Usatoday.com published: “Navajo Nation, Urban Outfitters settle designs suit” on November 18, 2016. More interesting news about Urban Outfitters, Inc. (NASDAQ:URBN) were released by: Nasdaq.com and their article: “Earnings Reaction History: Urban Outfitters, Inc., 66.7% Follow-Through …” published on November 22, 2016 as well as 247Wallst.com‘s news article titled: “Urban Outfitters and American Eagle Dig Out of Trouble” with publication date: November 15, 2016.
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