Carters (CRI) : 4 brokerage houses believe that Carters (CRI) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Carters (CRI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.
Carters (CRI) : Currently there are 5 street experts covering Carters (CRI) stock. The most bullish and bearish price target for the stock is $115 and $104 respectively for the short term. The average price target of all the analysts comes to $110. The estimated standard deviation from the target is $3.94.
For the current week, the company shares have a recommendation consensus of Buy.
Carters (NYSE:CRI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $96.85 and $95.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $99.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $99.09, notching a gain of 0.97% for the day. The total traded volume was 871,548 . The stock had closed at $98.14 on the previous day.
Carters, Inc. is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the childrens apparel industry, Carters and OshKosh. The Company operates through five business segments: Carters retail, Carters wholesale, OshKosh retail, OshKosh wholesale and International. It offers multiple product categories, including baby, sleepwear, playclothes and related accessories. As of January 3, 2015, the Company had approximately 18,000 wholesale locations (including national department stores, chain and specialty stores and discount retailers), 855 Company-operated stores and its Websites. As of January 3, 2015, the Company operated 531 Carters and 200 OshKosh outlet, brand, and specialty stores in the United States. As of January 3, 2015, its products are sold through 124 Company-operated stores in Canada in addition to its international wholesale, licensing and online channels.