Brokerage Firm 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 2 which endorses a 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) : Average target price received by Burlington Stores (BURL) is $90.33 with an expected standard deviation of $4.85. The most aggressive target on the stock is $96, whereas the most downbeat target is $82. 9 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy. Also, MKM Partners upgrades its rating on Burlington Stores (NYSE:BURL). Analysts at the MKM Partners have a current rating of Buy on the shares. The shares were previously rated Neutral. The rating by the firm was issued on August 26, 2016.

Burlington Stores (NYSE:BURL): The stock opened at $83.53 and touched an intraday high of $84.14 on Wednesday. During the day, the stock corrected to an intraday low of $83.31, however, the bulls stepped in and pushed the price higher to close in the green at $83.83 with a gain of 0.12% for the day. The total traded volume for the day was 984,830. The stock had closed at $83.73 in the previous trading session.

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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