Burlington Stores (NYSE:BURL) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.27 by 11 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Goldman Sachs maintains its view on Burlington Stores (NYSE:BURL) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Goldman Sachs raises the price target from $63 per share to $67 per share on Burlington Stores . The rating by the firm was issued on May 27, 2016.
Burlington Stores (NYSE:BURL): According to 9 Analysts, The short term target price has been estimated at $ 67.56.The target price could deviate by a maximum of $4.61 from the forecast price. In the near term, the target price could hit a high of $75 and a low of $ 59.
Burlington Stores (NYSE:BURL) rose 0.91% or 0.58 points on Tuesday and made its way into the gainers of the day. After trading began at $63.65 the stock was seen hitting $64.44 as a peak level and $63.3 as the lowest level. The stock ended up at $64.12. The daily volume was measured at 1,401,590 shares. The 52-week high of the share price is $64.51 and the 52-week low is $39.4. The company has a market cap of $4,585 million.
Shares of Burlington Stores, Inc. rose by 1.52% in the last five trading days and 18.61% for the last 4 weeks. Burlington Stores, Inc. is up 19.16% in the last 3-month period. Year-to-Date the stock performance stands at 49.46%.
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.