Carter’s, Inc. – Consensus Indicates Potential -6.2% Downside

Broker Ratings
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Carter’s, Inc. with ticker code (CRI) now have 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 84 and 62 calculating the mean target price we have 69.86. Now with the previous closing price of 74.48 this indicates there is a potential downside of -6.2%. There is a 50 day moving average of 78.42 while the 200 day moving average is 75.24. The company has a market capitalisation of $2,833m. Find out more information at: https://www.carters.com

The potential market cap would be $2,657m based on the market concensus.

Carter’s, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter’s, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, little planet, and other brands in the United States and internationally. The company operates through three segments: U.S. Retail, U.S. Wholesale, and International. Its Carter’s products include babies and young children products, such as bodysuits, pants, dresses, layette essentials, tops and t-shirts, multi-piece sets, sleep and play products, and sleepwear; and OshKosh brand products comprise playclothes, such as denim apparel products, overalls, core bottoms, knit tops, t-shirts, and layering pieces. The company also provides products for playtime, travel, mealtime, bath time, and home gear, as well as kid’s bags under the Skip Hop brand. In addition, it offers bedding, home décor, cribs and baby furniture, diaper bags, footwear, gift sets, hair accessories, jewelry, outerwear, paper goods, socks, shoes, swimwear, and toys. The company operates wholesale locations, including department stores, national chain stores, and specialty stores, as well as retail stores. It also sells its products through its eCommerce websites, such as carters.com, oshkosh.com, and skiphop.com, as well as other international wholesale accounts and licensees. The company was founded in 1865 and is headquartered in Atlanta, Georgia.

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