Urban Outfitters (URBN) Gets a Buy Rating from B.Riley FBR


In a report issued on January 16, Susan Anderson from B.Riley FBR reiterated a Buy rating on Urban Outfitters (URBN), with a price target of $52. The company’s shares closed on Friday at $32.55, close to its 52-week low of $31.20.

According to TipRanks.com, Anderson is a 2-star analyst with an average return of 0.4% and a 43.0% success rate. Anderson covers the Services sector, focusing on stocks such as Abercrombie Fitch, Children’s Place, and Foot Locker Inc.

Urban Outfitters has an analyst consensus of Moderate Buy, with a price target consensus of $44.33, representing a 36.2% upside. In a report issued on January 11, Wolfe Research also maintained a Buy rating on the stock with a $42 price target.

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The company has a one-year high of $52.50 and a one-year low of $31.20. Currently, Urban Outfitters has an average volume of 2.59M.

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Urban Outfitters, Inc. engages in the operation of retail clothing stores and sale of general merchandise. It operates through the Retail and Wholesale segments.

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