Barclays (LON:BARC) analyst Adrienne Tennant maintained a Buy rating on Burlington Stores (NYSE:BURL) on Thursday, setting a price target of $238, which is approximately 17.53% above the present share price of $202.5.
Tennant expects Burlington Stores to post earnings per share (EPS) of -$5.09 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Burlington Stores, with an average price target of $232.7.
The analysts price targets range from a high of $255 to a low of $200.
In its latest earnings report, released on 04/30/2020, the company reported a quarterly revenue of $801.52 million and a net profit of -$520.04 million. The company's market cap is $13.33 billion.
According to TipRanks.com, Barclays analyst Adrienne Tennant is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.9% and a 52.63% success rate.
Burlington Stores, Inc. offers selection of in-season, fashion-focused merchandise, including: women's ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, home, coats, beauty, toys and gifts. The company was founded in 1972 and is headquartered in Burlington, NJ.