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Shares of Carter’s (NYSE:CRI) have been given a consensus rating of “Buy” by the ten brokerages that are presently covering the company, AnalystRatings.NET reports. Three investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $83.57.

Shares of Carter’s (NYSE:CRI) traded down 0.89% on Friday, hitting $68.86. 104,062 shares of the company’s stock traded hands. Carter’s has a 52-week low of $64.19 and a 52-week high of $80.02. The stock’s 50-day moving average is $72.01 and its 200-day moving average is $72.17. The company has a market cap of $3.697 billion and a price-to-earnings ratio of 25.76.

Carter’s (NYSE:CRI) last announced its earnings results on Monday, April 28th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.02. The company had revenue of $652.00 million for the quarter, compared to the consensus estimate of $649.57 million. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. Analysts expect that Carter’s will post $3.88 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Wells Fargo & Co. initiated coverage on shares of Carter’s in a research note on Friday. They set a “market perform” rating on the stock. Analysts at Piper Jaffray upgraded shares of Carter’s from a “neutral” rating to an “overweight” rating in a research note on Wednesday, April 2nd. They now have a $92.00 price target on the stock, up previously from $74.00.

Carter’s, Inc (NYSE:CRI) is a branded marketer of apparel for babies and young children in the United States.

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