Urban Outfitters, Inc. ( NASDAQ:URBN – Get Free Report ) has received a consensus rating of “Moderate Buy” from the fifteen ratings firms that are currently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $89.75.
A number of brokerages have commented on URBN. The Goldman Sachs Group raised shares of Urban Outfitters from a “neutral” rating to a “buy” rating and upped their target price for the company from $76.00 to $93.00 in a report on Monday, July 20th. Morgan Stanley reiterated an “overweight” rating and set a $90.00 price target on shares of Urban Outfitters in a research note on Thursday, August 27th. Barclays upped their price objective on Urban Outfitters from $100.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. JPMorgan Chase & Co. increased their target price on shares of Urban Outfitters from $97.00 to $110.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Finally, Zacks Research cu...