Robert W. Baird analyst Mark Altschwager maintained a Buy rating on Burlington Stores (NYSE:BURL) on Tuesday, setting a price target of $400, which is approximately 37.89% above the present share price of $290.09.
Altschwager expects Burlington Stores to post earnings per share (EPS) of $1.54 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 $348.57.
The analysts price targets range from a high of $410 to a low of $255.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $2.22 billion and a net profit of $171.12 million. The company's market cap is $19.36 billion.
According to TipRanks.com, Robert W. Baird analyst Mark Altschwager is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.4% and a 57.26% 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.