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Burlington Stores (NYSE:BURL) target price raised to $116.00, reported today by Telsey Advisory

Yesterday Burlington Stores (NYSE:BURL) traded 0.46% higher at $93.89. The company’s 50-day moving average is $90.96 and its 200-day moving average is $91.74. The last stock close price is up -0.94% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 872,299 shares of the stock were exchanged, down from an average trading volume of 1,161,370

Burlington Stores (NYSE:BURL) had its target price raised to $116.00 by Telsey Advisory in a report released Thursday November 23, 2017. The new target price indicates a possible upside of 0.24% based on the company's last stock close price.

Previously on 11/22/2017, Suntrust Robinson reported about Burlington Stores (NYSE:BURL) raised the target price from $109.00 to $117.00. At the time, this indicated a possible upside of 0.15%.

See Chart Below

Burlington Stores (NYSE:BURL)

Burlington Stores has a 52 week low of $68.94 and a 52 week high of $104.07 with a P/E ratio of 25.10 The company’s market cap is currently $0.

In addition to Telsey Advisory reporting its target price, a total of 11 analysts have released a research note on BURL. The one year target is $61.73 with four analysts rating the company a strong buy, eight analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Burlington Stores (NYSE:BURL)

Burlington Stores, Inc. is a retailer of branded apparel. As of January 28, 2017, the Company operated 592 retail stores, inclusive of an Internet store, in 45 states and Puerto Rico. Its product categories include coats, women, men, juniors, girls, boys, shoes, handbags and accessories, beauty and fragrance, home and toys. The product categories for coats include women's coats and jackets, men's coats and jackets, juniors coats and jackets, girls coats and jackets, boy's coats and jackets, baby girl coats and jackets, and baby boy coats and jackets. The product categories for women include active wear, bottoms, coats and jackets, dresses, tops, scrubs, suit and suit separates, sweaters, swimwear and cover-ups. It also includes accessories, beauty and fragrance, handbags, jewelry, shoes and watches. The product categories for men include accessories, active wear, casual button down shirts, dress shirts, men's coats jackets, fleece, graphic tees, hoodies and sweatshirts, and jeans.

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