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Carter's (CRI) Stock Forecast & Price Target

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$54.00 +1.56 (+2.98%)
(As of 11/22/2024 ET)

Carter's - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
6
Buy
0

Based on 7 Wall Street analysts who have issued ratings for Carter's in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 7 analysts, 1 has given a sell rating, and 6 have given a hold rating for CRI.

Consensus Price Target

$67.67
25.32% Upside
According to the 7 analysts' twelve-month price targets for Carter's, the average price target is $67.67. The highest price target for CRI is $80.00, while the lowest price target for CRI is $50.00. The average price target represents a forecasted upside of 25.32% from the current price of $54.00.
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CRI Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$67.67$71.17$70.50$66.67
Forecasted Upside25.32% Upside8.34% Upside6.38% Upside-1.53% Downside
Consensus Rating
Reduce
Reduce
Reduce
Reduce

CRI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CRI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Carter's Stock vs. The Competition

TypeCarter'sConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
1.86
2.56
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside25.32% Upside1,212.21% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent CRI News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/12/2024Citigroup
3 of 5 stars
P. Lejuez
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UpgradeSell ➝ Neutral$50.00 ➝ $50.00-5.09%
10/28/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$72.00 ➝ $65.00+14.60%
7/29/2024Bank of America
4 of 5 stars
 Lower TargetUnderperform ➝ Underperform$65.00 ➝ $54.00-5.69%
2/28/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$76.00 ➝ $79.00-3.62%
2/28/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$70.00 ➝ $80.00-2.37%
2/26/2024Monness Crespi & Hardt
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 DowngradeBuy ➝ Neutral
2/23/2024Wedbush
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 Boost TargetNeutral ➝ Neutral$67.00 ➝ $78.00-5.72%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:46 AM ET.


CRI Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Carter's is $67.67, with a high forecast of $80.00 and a low forecast of $50.00.

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carter's in the last year. There is currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CRI shares.

According to analysts, Carter's's stock has a predicted upside of 25.32% based on their 12-month stock forecasts.

Over the previous 90 days, Carter's's stock had 1 upgrade by analysts.

Carter's has been rated by research analysts at Citigroup, and Wells Fargo & Company in the past 90 days.

Analysts like Carter's less than other "consumer discretionary" companies. The consensus rating for Carter's is Reduce while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how CRI compares to other companies.


This page (NYSE:CRI) was last updated on 11/23/2024 by MarketBeat.com Staff
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