B.Riley FBR Maintains a Hold Rating on Urban Outfitters (URBN)
B.Riley FBR analyst Susan Anderson maintained a Hold rating on Urban Outfitters (URBN) yesterday and set a price target of $23.00. The company’s shares closed last Monday at $26.94.
According to TipRanks.com, Anderson is a 1-star analyst with an average return of -0.5% and a 44.3% success rate. Anderson covers the Consumer Goods sector, focusing on stocks such as Turning Point Brands, G-III Apparel Group, and Lululemon Athletica.
The word on The Street in general, suggests a Hold analyst consensus rating for Urban Outfitters with a $27.31 average price target, implying a 2.8% upside from current levels. In a report issued on February 3, BMO Capital also initiated coverage with a Hold rating on the stock with a $26.00 price target.
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The company has a one-year high of $34.25 and a one-year low of $19.63. Currently, Urban Outfitters has an average volume of 2.12M.
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Urban Outfitters, Inc. engages in the operation of a general consumer product retail and wholesale business selling to customers through various channels including retail locations, websites, catalogs and mobile applications. It operates through the Retail, and Wholesale segments.