Urban Outfitters (URBN) Receives a Hold from UBS
In a report released today, Jay Sole from UBS maintained a Hold rating on Urban Outfitters, with a price target of $80.00.
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Sole covers the Consumer Cyclical sector, focusing on stocks such as Nike, TJX Companies, and American Eagle. According to TipRanks, Sole has an average return of 6.0% and a 51.72% success rate on recommended stocks.
Urban Outfitters has an analyst consensus of Moderate Buy, with a price target consensus of $87.64.
Based on Urban Outfitters’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.53 billion and a net profit of $116.44 million. In comparison, last year the company earned a revenue of $1.36 billion and had a net profit of $102.91 million
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