B.Riley FBR Maintains Their Hold Rating on Urban Outfitters (URBN)


In a report issued on August 20, Susan Anderson from B.Riley FBR maintained a Hold rating on Urban Outfitters (URBN), with a price target of $23. The company’s shares closed last Monday at $22.36, close to its 52-week low of $19.63.

According to TipRanks.com, Anderson is a 1-star analyst with an average return of -1.2% and a 39.3% success rate. Anderson covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica Inc, Turning Point Brands, and Columbia Sportswear.

Urban Outfitters has an analyst consensus of Moderate Buy, with a price target consensus of $26.67, a 26.5% upside from current levels. In a report issued on August 13, Robert W. Baird also maintained a Hold rating on the stock with a $26 price target.

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Urban Outfitters’ market cap is currently $2.19B and has a P/E ratio of 9.26. The company has a Price to Book ratio of 1.61.

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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.

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