Berenberg Bank analyst Brian McNamara reiterated a Hold rating on Burlington Stores (NYSE:BURL) on Thursday, setting a price target of $326, which is approximately 16.15% above the present share price of $280.66.
McNamara expects Burlington Stores to post earnings per share (EPS) of $0.20 for the fourth quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Burlington Stores, with an average price target of $344.46.
The analysts price targets range from a high of $410 to a low of $255.
In its latest earnings report, released on 10/31/2021, the company reported a quarterly revenue of $2.3 billion and a net profit of $132.03 million. The company's market cap is $18.74 billion.
According to TipRanks.com, Berenberg Bank analyst Brian McNamara is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.8% and a 47.92% 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.