B.Riley FBR analyst Lucas Pipes maintained a Buy rating on Carter’s (CRI) on September 1. The company’s shares closed last Friday at $80.91.
According to TipRanks.com, Pipes ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -13.0% and a 35.4% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as Hallador Energy Company, Novagold Resources New, and CONSOL Coal Resources.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Carter’s with a $100.67 average price target.
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The company has a one-year high of $112.46 and a one-year low of $60.17. Currently, Carter’s has an average volume of 596K.
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Carter’s, Inc. engages in the marketing of apparel for babies and young children. It operates through the following segments: U.S. Retail; U.S. Wholesale; and International. The U.S. retail segment consists of sales of products in retail and online stores. The U.S. Wholesale segment includes sales in the United States of products to wholesale partners. The International segment comprises sales of products outside the United States, largely through retail stores in Canada and Mexico, eCommerce sites in Canada and China, and sales to international wholesale accounts and licensees. The company was founded by William Carter in 1865 and is headquartered in Atlanta, GA.
