Oppenheimer Sticks to Its Hold Rating for Urban Outfitters (URBN)


In a report released today, Brian Nagel from Oppenheimer maintained a Hold rating on Urban Outfitters (URBN). The company’s shares closed last Monday at $21.00, close to its 52-week low of $19.63.

According to TipRanks.com, Nagel is a 5-star analyst with an average return of 10.7% and a 66.9% success rate. Nagel covers the Services sector, focusing on stocks such as Advance Auto Parts, Lumber Liquidators, and WW International.

The word on The Street in general, suggests a Hold analyst consensus rating for Urban Outfitters with a $24.83 average price target, which is a 15.5% upside from current levels. In a report released today, Citigroup also maintained a Hold rating on the stock with a $24.00 price target.

See today’s analyst top recommended stocks >>

Urban Outfitters’ market cap is currently $2.27B and has a P/E ratio of 10.16. The company has a Price to Book ratio of 1.58.

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 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts