Impact of Brokerage Rating on Burlington Stores, Inc.(BURL)

Many Burlington Stores, Inc.(BURL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Burlington Stores Inc was Upgraded by Credit Suisse to Outperform on Jan 18, 2017. Burlington Stores Inc was Initiated by Wedbush on Jan 6, 2017 to Outperform, Price Target of the shares are set at $107.Company shares were Reiterated by MKM Partners on Nov 23, 2016 to Buy, Raises Price Target to $ 99 from a previous price target of $94 .Company shares were Reiterated by Telsey Advisory Group on Nov 23, 2016 to Market Perform, Raises Price Target to $ 91 from a previous price target of $86 .

Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Thomas Kingsbury (President & CEO) sold 20,000 shares at 82.76 per share price.On Feb 3, 2017, Joyce Manning Magrini (Executive Vice President) sold 3,500 shares at 82.66 per share price.On Dec 14, 2016, Mike Metheny (Executive Vice President) sold 3,501 shares at 86.81 per share price.

Burlington Stores Inc Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.18. Analyst had a consensus of $0.33. The company had revenue of $1342.60 million for the quarter, compared to analysts expectations of $1323.57 million. The companys revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.

Burlington Stores, Inc. (NYSE:BURL) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.38 by 13 Brokerage Firm. 10 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.

Burlington Stores, Inc. (NYSE:BURL): The mean short term price target for Burlington Stores, Inc. (NYSE:BURL) has been established at $96.46 per share. The higher price target estimate is at $107 and the lower price target estimate is expected at $86 according to 11 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $5.87

Burlington Stores, Inc. (NYSE:BURL) rose 1.03% or 0.89 points on Tuesday and made its way into the gainers of the day. After trading began at $85.81 the stock was seen hitting $87.7 as a peak level and $85.81 as the lowest level. The stock ended up at $86.91. The daily volume was measured at 949,608 shares. The 52-week high of the share price is $91.67 and the 52-week low is $51.19. The company has a market cap of $6,136 million.

Burlington Stores, Inc. operates as an off-price apparel and home product retailer. It provides its customers with a selection of fashionable branded product in womens ready-to-wear apparel, menswear, youth apparel, baby products, footwear, accessories, home goods and coats. The Company operates within the United States and Puerto Rico. Burlington Stores, Inc. is headquartered in Burlington, New Jersey.


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