Breaking: MKM Partners Reconfirms $174.0000 Target Price per Share On Burlington Stores (NYSE:BURL) Shares, Reconfirms Their Original Buy Rating

Burlington Stores, Inc. (NYSE:BURL) Logo

Investors sentiment increased to 1.25 in Q2 2018. Its up 0.25, from 1 in 2018Q1. It is positive, as 31 investors sold Burlington Stores, Inc. shares while 107 reduced holdings. 58 funds opened positions while 114 raised stakes. 63.76 million shares or 2.45% less from 65.36 million shares in 2018Q1 were reported.

Accuvest invested in 2,924 shares. State Street reported 902,897 shares stake. Clarivest Asset Management Limited Liability Corporation accumulated 2,559 shares. Tower Rech Cap Lc (Trc) has 0% invested in Burlington Stores, Inc. (NYSE:BURL). Vident Investment Advisory Ltd Co reported 3,591 shares or 0.02% of all its holdings. Iberiabank stated it has 0.38% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Northwestern Mutual Wealth reported 873 shares or 0% of all its holdings. Teacher Retirement Sys Of Texas reported 13,827 shares or 0.01% of all its holdings. Gsa Capital Prtnrs Llp invested 0.1% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Petrus Tru Lta has invested 0.07% in Burlington Stores, Inc. (NYSE:BURL). Stone Ridge Asset Management Llc accumulated 12,019 shares. Raymond James & Associates stated it has 85,382 shares or 0.02% of all its holdings. Nordea Mgmt Ab holds 22,813 shares or 0.01% of its portfolio. Jefferies Group Inc Ltd Com reported 0.01% in Burlington Stores, Inc. (NYSE:BURL). Goldman Sachs Gp stated it has 0.07% of its portfolio in Burlington Stores, Inc. (NYSE:BURL).

Since June 1, 2018, it had 0 insider buys, and 15 selling transactions for $20.32 million activity. Crimmins John sold $381,810 worth of Burlington Stores, Inc. (NYSE:BURL) on Tuesday, September 4. Katz Marc sold $1.30 million worth of Burlington Stores, Inc. (NYSE:BURL) on Monday, November 5. Hand Fred also sold $701,936 worth of Burlington Stores, Inc. (NYSE:BURL) shares. MAGRINI JOYCE MANNING sold $404,308 worth of stock.

Burlington Stores (NYSE:BURL) Rating Reaffirmed

MKM Partners now has a $174.0000 target price per share on the $11.20 billion market cap company or 4.97 % upside potential. In a note revealed on Wednesday, 28 November, Burlington Stores (NYSE:BURL) shares have had their Buy Rating kept by stock analysts at MKM Partners.

Burlington Stores, Inc. (NYSE:BURL) Ratings Coverage

Among 15 analysts covering Burlington Stores (NYSE:BURL), 11 have Buy rating, 1 Sell and 3 Hold. Therefore 73% are positive. Burlington Stores has $20100 highest and $135 lowest target. $177.36’s average target is 7.00% above currents $165.76 stock price. Burlington Stores had 21 analyst reports since June 21, 2018 according to SRatingsIntel. On Monday, August 20 the stock rating was maintained by Buckingham Research with “Buy”. The rating was maintained by Loop Capital Markets with “Buy” on Wednesday, June 27. The firm has “Outperform” rating by Cowen & Co given on Thursday, August 30. Morgan Stanley maintained the stock with “Overweight” rating in Friday, August 31 report. Citigroup maintained it with “Neutral” rating and $165 target in Friday, August 31 report. The firm has “Buy” rating by M Partners given on Wednesday, November 28. J.P. Morgan maintained Burlington Stores, Inc. (NYSE:BURL) on Monday, June 25 with “Buy” rating. The stock of Burlington Stores, Inc. (NYSE:BURL) earned “Neutral” rating by Citigroup on Tuesday, July 31. The stock of Burlington Stores, Inc. (NYSE:BURL) earned “Buy” rating by Deutsche Bank on Monday, August 20. Deutsche Bank maintained the shares of BURL in report on Friday, August 31 with “Buy” rating.

The stock decreased 1.63% or $2.75 during the last trading session, reaching $165.76. About 5.46M shares traded or 344.69% up from the average. Burlington Stores, Inc. (NYSE:BURL) has risen 86.98% since December 2, 2017 and is uptrending. It has outperformed by 71.36% the S&P500.

Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company has market cap of $11.20 billion. The firm offers fashion-focused merchandise, including ladies sportswear, menswear, youth apparel, baby furniture, footwear, accessories, home décor and gifts, and coats. It has a 26.1 P/E ratio. As of January 28, 2017, it operated 592 stores, including an Internet store in 45 states and Puerto Rico.

More notable recent Burlington Stores, Inc. (NYSE:BURL) news were published by: Benzinga.com which released: “Cowen: Kohl’s, Target, Tiffany Are Top Holiday Retail Picks (NYSE:KSS)(NYSE:TGT)(NYSE:TIF) – Benzinga” on November 14, 2018, also Benzinga.com with their article: “40 Biggest Movers From Yesterday – Benzinga” published on November 29, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For November 2, 2018 – Benzinga” on November 02, 2018. More interesting news about Burlington Stores, Inc. (NYSE:BURL) were released by: Benzinga.com and their article: “Earnings Scheduled For November 28, 2018 – Benzinga” published on November 28, 2018 as well as Benzinga.com‘s news article titled: “10 Stocks To Watch For November 28, 2018 – Benzinga” with publication date: November 28, 2018.

Burlington Stores, Inc. (NYSE:BURL) Institutional Positions Chart

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