Berenberg Bank analyst Brian McNamara maintained a Hold rating on Burlington Stores (NYSE:BURL) on Friday, setting a price target of $327, which is approximately 7.79% above the present share price of $303.38.
McNamara expects Burlington Stores to post earnings per share (EPS) of $2.58 for the second quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Strong Buy rating of shares in Burlington Stores, with an average price target of $361.
The analysts price targets range from a high of $410 to a low of $327.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $2.19 billion and a net profit of $230.67 million. The company's market cap is $20.2 billion.
According to TipRanks.com, Berenberg Bank analyst Brian McNamara is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 18.5% and a 81.48% 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.