Carter's, Inc. (NYSE:CRI) has been downgraded to Market Perform in a statement by Wells Fargo & Co. earlier today.
- Updated: September 26, 2016
Having a price of $93.37, Carter's, Inc. (NYSE:CRI) traded -1.34% lower on the day. With the last close down -8.69% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CRI has recorded a 50-day average of $97.62 and a two hundred day average of $102.26. Trade Volume was down over the average, with 659,981 shares of CRI changing hands under the typical 668,956
Wells Fargo & Co. has downgraded Carter's, Inc. (NYSE:CRI) to Market Perform in a statement released on 9/27/2016.
On 08/08/2016, Monness released a statement on Carter's, Inc. (NYSE:CRI) upped the target price from $0.00 to $101.23 that suggested an upside of 0%.
Recent Performance Chart
Carter's, Inc. has PE ratio of 20.07 with a one year low of $82.22 and a one year high of $112.58 and has a market capitalization of $0.
A total of 7 analysts have released a report on Carter's, Inc.. Five analysts rating the company a strong buy, one analyst rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $112.29.
General Company Details For Carter's, Inc. (NYSE:CRI)
Carter's, Inc. (Carter's) is a marketer of apparel for babies and young children in the United States and Canada. The Company operates through five segments: Carter's Retail, Carter's Wholesale, OshKosh Retail, OshKosh Wholesale and International. Its international segment includes Company-operated retail stores, wholesale and online operations in addition to royalty income from its international licensees. The Company owns two brand names in the children's apparel industry: Carter's and OshKosh B'gosh (OshKosh). The Company offers various product categories, including baby, sleepwear, playclothes and related accessories. The Company operates approximately 590 Carter's and over 240 OshKosh stores in the United States, and its products are sold through approximately 150 Company-operated stores in Canada in addition to its international wholesale, licensing and online channels. It has collaborated with approximately 30 licensees to sell the Carter's and OshKosh brands internationally.
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