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Citi Trends (CTRN) Stock Forecast & Price Target

$18.63
-1.62 (-8.00%)
(As of 07/24/2024 ET)

Citi Trends - 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

Based on 2 Wall Street analysts who have issued ratings for Citi Trends in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a buy rating for CTRN.

Consensus Price Target

$30.00
61.03% Upside
High Forecast$35.00
Average Forecast$30.00
Low Forecast$25.00

According to the 2 analysts' twelve-month price targets for Citi Trends, the average price target is $30.00. The highest price target for CTRN is $35.00, while the lowest price target for CTRN is $25.00. The average price target represents a forecasted upside of 61.03% from the current price of $18.63.

TypeCurrent Forecast
7/26/23 to 7/25/24
1 Month Ago
6/26/23 to 6/25/24
3 Months Ago
4/27/23 to 4/26/24
1 Year Ago
7/26/22 to 7/26/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$30.00$27.00$27.67$23.50
Forecasted Upside61.03% Upside23.55% Upside10.24% Upside20.14% Upside
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CTRN 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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CTRN 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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Citi Trends Stock vs. The Competition

TypeCiti TrendsRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.50
2.46
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside61.03% Upside60.59% Upside10.64% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/5/2024Craig Hallum
4 of 5 stars
 Lower TargetHold ➝ Hold$27.00 ➝ $25.00+3.78%
6/5/2024Benchmark
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$35.00 ➝ $35.00+46.75%
6/27/2023DA Davidson
3 of 5 stars
 Initiated CoverageBuy$21.00+19.18%
10/17/2022Gordon Haskett
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Chuck Grom
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeReduce ➝ Hold$18.00-7.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:34 AM ET.

CTRN Forecast - Frequently Asked Questions

What is Citi Trends' forecast for 2024?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Citi Trends is $30.00, with a high forecast of $35.00 and a low forecast of $25.00.

Should I buy or sell Citi Trends stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last year. There is currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CTRN shares.

Does Citi Trends's stock price have much upside?

According to analysts, Citi Trends's stock has a predicted upside of 25.16% based on their 12-month stock forecasts.

What analysts cover Citi Trends?

Citi Trends has been rated by research analysts at Benchmark, and Craig Hallum in the past 90 days.

Do Wall Street analysts like Citi Trends more than its competitors?

Analysts like Citi Trends more than other "retail/wholesale" companies. The consensus rating for Citi Trends is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how CTRN compares to other companies.


This page (NASDAQ:CTRN) was last updated on 7/25/2024 by MarketBeat.com Staff

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