Carters (CRI) Receives Analyst Rating

Carters (CRI) : The consensus on Carters (CRI) based on 7 analyst recommendation on the company stock is 1.57, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Carters (CRI) : The highest short term price target forecast on Carters (CRI) is $118 and the lowest target price is $102. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $110.17 with a standard deviation of $5.98.


Also, Monness Crespi Hardt upgrades its rating on Carters (NYSE:CRI). Analysts at the Monness Crespi Hardt have a current rating of Buy on the shares. The shares were previously rated Neutral. The rating by the firm was issued on August 8, 2016.

Carters (NYSE:CRI): After opening at $95.35, the stock dipped to an intraday low of $95.18 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $97.43 and the buying power remained strong till the end. The stock closed at $97.19 for the day, a gain of 1.35% for the day session. The total traded volume was 546,456. The stocks close on the previous trading day was $95.9.

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.

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