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Burlington Stores (NYSE:BURL) target price raised to $91.00, issued a report today by Telsey Advisory

Burlington Stores (NYSE:BURL) had its target price raised to $91.00 by Telsey Advisory in a report released Wednesday November 23, 2016. The new target price indicates a possible upside of 0.06% based on the company's last stock close price.

Yesterday Burlington Stores (NYSE:BURL) traded -0.88% lower at $86.04. The company’s 50-day moving average is $76.27 and its 200-day moving average is $72.59. The last stock close price is up 22.45% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 532,786 shares of the stock were exchanged, down from an average trading volume of 1,377,690

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Burlington Stores (NYSE:BURL)

Burlington Stores has a 52 week low of $40.89 and a 52 week high of $91.67 with a P/E ratio of 38.07 The company’s market cap is currently $0.

In addition to Telsey Advisory reporting its target price, a total of 11 firms have issued a report on the stock. The consensus target price is $61.73 with 4 firms rating the stock a strong buy, 8 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Burlington Stores (NYSE:BURL)

Burlington Stores, Inc. is a retailer of branded apparel. The Company has approximately 570 stores, inclusive of an Internet store, in over 45 states of the United States and Puerto Rico, and diversified its product categories by offering a selection of in-season, fashion-focused merchandise, including: women's ready-to-wear apparel, menswear, youth apparel, baby, footwear, accessories, home and coats. It sells a selection of merchandise acquired directly from manufacturers and other suppliers. Its product categories include home, women, men, shoes, handbags and accessories, juniors, girls, boys, coats and toys. It product offering for home decor include accent furniture, and mirrors; kitchen and dining include bake ware and cook ware; women include dresses and jewelry; men include casual button down shirts and shoes; juniors include jackets and blazers; girls include accessories and communion, and boys include hoodies and sweatshirts. It also offers toys.

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