Zacks Investment Research upgraded Carter's, Inc. (NYSE:CRI) to Hold in a report released today.
- Updated: October 13, 2016
Zacks Investment Research has upgraded Carter's, Inc. (NYSE:CRI) to Hold in a report released on Thursday October 13, 2016.
Previously on 9/29/2016, CLSA reported on Carter's, Inc. (NYSE:CRI) increased the target price from $0.00 to $95.00. At the time, this indicated a possible upside of 0.08%.
Just yesterday Carter's, Inc. (NYSE:CRI) traded -0.58% lower at $87.29. Carter's, Inc.’s 50-day moving average is $92.95 and its 200-day moving average is $100.96. The last closing price is down -13.54% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 561,710 shares of CRI traded hands, down from an average trading volume of 743,488
Recent Performance Chart
Carter's, Inc. has 52 week low of $82.22 and a 52 week high of $112.58 with a PE ratio of 18.76 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $112.29 with 5 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On 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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