MBHC, LLC Reiterates Outperform Rating on Urban Outfitters (URBN)
Online PR News – 16-October-2012 – Mountain Brook, AL – An outperform rating was reiterated by equity research analysts at the investment advisory firm MBHC, LLC on Urban Outfitters, Inc. (NASDAQ: URBN) in a research note issued to investors on Monday.
MBHC reiterated a $40.32 price target on the stock. The company has a market cap of $5.45 billion and a P/E ratio of 29.89.
MBHC, LLC reiterated that it projects Urban Outfitters will post $0.42 earnings per share for the current quarter and $1.60 earnings per share for the current fiscal year.
Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle specialty retail company, which operates under the Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN brands. The Company also operates a wholesale segment under the Free People brand. In addition to its retail stores, it offers its products and markets its brands directly to the consumer through its e-commerce websites.
MBHC, LLC provides securities research, analyst and advisory services to select prequalified, accredited and institutional clients that have engaged the specific services of MBHC, LLC. This service is provided by MBHC, LLC. It is not meant to provide or offer to provide any investment advice to anyone at large. Seek a qualified financial adviser before making any investments. MBHC, LLC is a registered investment adviser in the state of Alabama. Nothing in this research note shall be construed as an offer or solicitation to buy of sell any securities, or to offer for compensation any investment advisory service.