Where Does Wall Street Think Burlington Stores Inc (BURL) Stock Will Go?

Wall Street is positive on Burlington Stores Inc (BURL). On average, analysts give Burlington Stores Inc a Strong Buy rating. The average price target is $351.062, which means analysts expect the stock to rise by 55.50% over the next twelve months. That average ranking earns Burlington Stores Inc an Analyst Rating of 63, which is better than 63% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating BURL a Strong Buy today. Find out what this means to you and get the rest of the rankings on BURL!

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Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Burlington Stores Inc Stock Today?

Burlington Stores Inc (BURL) stock is up 3.05% while the S&P 500 is lower by -0.04% as of 11:01 AM on Wednesday, Jan 19. BURL is higher by $6.68 from the previous closing price of $219.08 on volume of 267,308 shares. Over the past year the S&P 500 is up 20.44% while BURL is lower by -10.43%. BURL earned $6.57 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 34.35. Click Here to get the full Stock Report for Burlington Stores Inc stock.