Childrens Place (NASDAQ:PLCE) has been assigned a $130.00 target price by research analysts at BMO Capital Markets in a research report issued to clients and investors on Tuesday. The firm currently has a “hold” rating on the stock. BMO Capital Markets’ target price suggests a potential downside of 4.97% from the company’s current price.

PLCE has been the topic of several other reports. BidaskClub upgraded Childrens Place from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 6th. B. Riley reiterated a “buy” rating on shares of Childrens Place in a report on Wednesday, November 1st. Buckingham Research upped their target price on Childrens Place from $139.00 to $144.00 and gave the company a “buy” rating in a report on Thursday, November 16th. Telsey Advisory Group upped their target price on Childrens Place from $135.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, November 16th. Finally, ValuEngine upgraded Childrens Place from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Childrens Place has a consensus rating of “Buy” and a consensus target price of $132.42.

Childrens Place (PLCE) traded down $3.80 during trading hours on Tuesday, hitting $136.80. The stock had a trading volume of 337,100 shares, compared to its average volume of 525,593. The company has a market capitalization of $2,445.81, a PE ratio of 19.34, a P/E/G ratio of 2.07 and a beta of 0.33. Childrens Place has a 52 week low of $92.95 and a 52 week high of $141.95.

Childrens Place (NASDAQ:PLCE) last released its quarterly earnings results on Wednesday, November 15th. The company reported $2.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.46 by $0.12. Childrens Place had a return on equity of 26.58% and a net margin of 7.07%. The company had revenue of $490.00 million for the quarter, compared to analysts’ expectations of $480.28 million. During the same period in the previous year, the business posted $2.29 earnings per share. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. sell-side analysts forecast that Childrens Place will post 7.54 earnings per share for the current year.

Institutional investors have recently bought and sold shares of the business. Riverhead Capital Management LLC increased its position in shares of Childrens Place by 80.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,265 shares of the company’s stock valued at $129,000 after purchasing an additional 565 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Childrens Place during the 3rd quarter worth $171,000. Flinton Capital Management LLC grew its stake in shares of Childrens Place by 70.0% during the 2nd quarter. Flinton Capital Management LLC now owns 1,904 shares of the company’s stock worth $194,000 after acquiring an additional 784 shares during the period. Shelton Capital Management bought a new position in shares of Childrens Place during the 3rd quarter worth $206,000. Finally, Advisor Group Inc. grew its stake in shares of Childrens Place by 169.9% during the 3rd quarter. Advisor Group Inc. now owns 1,768 shares of the company’s stock worth $209,000 after acquiring an additional 1,113 shares during the period.

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About Childrens Place

The Children’s Place, Inc (The Children’s Place) is a pure-play children’s specialty apparel retailer in North America. The Company sells apparel, accessories, footwear and other items for children. The Company operates through two segments: The Children’s Place U.S. and The Children’s Place International.

Analyst Recommendations for Childrens Place (NASDAQ:PLCE)

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