Berenberg Bank analyst Brian McNamara reiterated a Buy rating on Carter's (NYSE:CRI) on Tuesday, setting a price target of $138, which is approximately 38.50% above the present share price of $99.64.
McNamara expects Carter's to post earnings per share (EPS) of $1.63 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Carter's, with an average price target of $118.5.
The analysts price targets range from a high of $138 to a low of $99.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $746.4 million and a net profit of $107.58 million. The company's market cap is $4.39 billion.
According to TipRanks.com, Berenberg Bank analyst Brian McNamara is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 3.6% and a 56.41% success rate.
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.