Morgan Stanley (NYSE:MS) analyst Kimberly Greenberger maintained a Buy rating on Burlington Stores (NYSE:BURL) on Friday, setting a price target of $224, which is approximately 6.50% above the present share price of $210.32.
Greenberger expects Burlington Stores to post earnings per share (EPS) of $3.11 for the second quarter of 2020.
The current consensus among 17 TipRanks analysts is for a Strong Buy rating of shares in Burlington Stores, with an average price target of $227.4.
The analysts price targets range from a high of $250 to a low of $173.
In its latest earnings report, released on 01/31/2020, the company reported a quarterly revenue of $2.21 billion and a net profit of $284.11 million. The company's market cap is $13.83 billion.
According to TipRanks.com, Morgan Stanley analyst Kimberly Greenberger is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.9% and a 61.03% 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.