D.A. Davidson analyst John Morris initiated coverage with a Hold rating on Urban Outfitters (NASDAQ: URBN) today and set a price target of $40. The company’s shares closed yesterday at $40.08.
Morris has an average return of 40.7% when recommending Urban Outfitters.
According to TipRanks.com, Morris is ranked #745 out of 4883 analysts.
Urban Outfitters has an analyst consensus of Hold, with a price target consensus of $49.67.
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Urban Outfitters’ market cap is currently $4.37B and has a P/E ratio of 24.44. The company has a Price to Book ratio of 3.02.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2018, Joel Lawson, a Director at URBN sold 10,000 shares for a total of $456,600.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Urban Outfitters, Inc. engages in the operation of retail clothing stores and sale of general merchandise. It operates through the Retail and Wholesale segments.
