Urban Outfitters (URBN): Path To 5% Margin Improvement - Jefferies

October 24, 2016 7:34 AM EDT
Get Alerts URBN Hot Sheet
Price: $34.39 --0%

Rating Summary:
    14 Buy, 30 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 20 | Down: 15 | New: 18
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Jefferies analyst, Randall Konik, reiterated his Buy rating on shares of Urban Outfitters, Inc. (NASDAQ: URBN) since UO and Anthro margins are well off highs (and historical avgs), and he believes that they can improve by ~500 bps over the next few years driven by: 1) Better reg priced selling, 2) higher IMUs, and 3) SG&A leverage, supporting EPS upside going forward.

No change to the $45 PT.

For an analyst ratings summary and ratings history on Urban Outfitters, Inc. click here. For more ratings news on Urban Outfitters, Inc. click here.

Shares of Urban Outfitters, Inc. closed at $33.58 yesterday.



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