Analyst Rating Update on Burlington Stores (BURL)

Burlington Stores (BURL) : The consensus on Burlington Stores (BURL) based on 10 analyst recommendation on the company stock is 1.3, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Burlington Stores (BURL) : The highest short term price target forecast on Burlington Stores (BURL) is $85 and the lowest target price is $73. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $79.63 with a standard deviation of $4.31.

For the current week, the company shares have a recommendation consensus of Buy.


Burlington Stores (NYSE:BURL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.11 and $72.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.92, notching a gain of 1.37% for the day. The total traded volume was 1,180,376 . The stock had closed at $73.91 on the previous day.

Burlington Stores, Inc. is a retailer of branded apparel. As of January 31, 2015, the Company had 542 stores, inclusive of an Internet store, in 44 states of the United States and Puerto Rico. The Companys offerings for women include dresses, tops, bottoms, coats, shoes, suits and suit separates, handbags, intimates and sleepwear, active wear, sweaters, swimwear and cover-ups, jewelry and watches, maternity, beauty and fragrance and scrubs. The Companys offerings for men include t-shirts, suits and suit separates, coats, shoes, pants, button downs, jeans, shorts, dress shirts, polos, hoodies and sweatshirts, swim and active wear, sports fan shop, socks and underwear, pajamas and robes, grooming, gadgets and gifts, belts, wallets and sweaters. The Companys offerings for juniors include dresses, tops, bottoms, shoes, coats, sweaters, handbags, sleepwear, swimwear, beauty and fragrance, jewelry and watches.

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