TOday’s Movers: Children’s Place (NASDAQ:PLCE) Stock Rating Maintained by B.Riley FBR; $167.0000 Target Price Indicates 30.98 % Potential

May 18, 2018 - By Bradley Stiles

The Children's Place, Inc. (NASDAQ:PLCE) Logo

Investors sentiment increased to 1.06 in Q4 2017. Its up 0.27, from 0.79 in 2017Q3. It is positive, as 21 investors sold The Children's Place, Inc. shares while 88 reduced holdings. 49 funds opened positions while 67 raised stakes. 20.67 million shares or 4.58% less from 21.66 million shares in 2017Q3 were reported.

Waddell Reed Fincl owns 126,290 shares or 0.04% of their US portfolio. Price T Rowe Assocs Md has invested 0% in The Children's Place, Inc. (NASDAQ:PLCE). Ls Investment Advsrs Limited Liability Com reported 0% stake. Amundi Pioneer Asset Mgmt invested 0% in The Children's Place, Inc. (NASDAQ:PLCE). Ny State Common Retirement Fund stated it has 0.01% of its portfolio in The Children's Place, Inc. (NASDAQ:PLCE). Alps Advsrs holds 0% or 4,072 shares in its portfolio. Globeflex Lp reported 12,868 shares. Public Employees Retirement Association Of Colorado invested in 0.16% or 171,300 shares. 8,900 are held by Jacobs Levy Equity Management. Ameriprise Financial Incorporated accumulated 393,838 shares. Bnp Paribas Arbitrage Sa, a New York-based fund reported 80,997 shares. Jpmorgan Chase And invested 0.02% of its portfolio in The Children's Place, Inc. (NASDAQ:PLCE). Federated Pa reported 0.03% stake. has 13,737 shares. Morgan Stanley has 0.03% invested in The Children's Place, Inc. (NASDAQ:PLCE) for 691,356 shares.

Children’s Place (NASDAQ:PLCE) Rating Reaffirmed

Children’s Place (NASDAQ:PLCE) just had their share rating of a ‘Buy’ issued by research analysts at B.Riley FBR, who now has a $167.0000 target on the $2.10B market cap company or a 30.98 % upside potential. This key information was disclosed in a note on Friday, 18 May.

The Children's Place, Inc. (NASDAQ:PLCE) Ratings Coverage

Among 6 analysts covering Children’s Place (NASDAQ:PLCE), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Children’s Place has $160 highest and $130.0 lowest target. $151.60’s average target is 18.90% above currents $127.5 stock price. Children’s Place had 9 analyst reports since December 19, 2017 according to SRatingsIntel. The rating was downgraded by Bank of America to “Underperform” on Friday, March 23. The firm earned “Hold” rating on Friday, February 2 by SunTrust. The company was maintained on Tuesday, January 9 by BMO Capital Markets. Citigroup upgraded The Children's Place, Inc. (NASDAQ:PLCE) rating on Wednesday, March 21. Citigroup has “Buy” rating and $148.0 target. The stock has “Hold” rating by BMO Capital Markets on Tuesday, December 19. Oppenheimer upgraded the stock to “Buy” rating in Sunday, May 13 report. SunTrust maintained it with “Hold” rating and $157.0 target in Monday, January 8 report.

The stock increased 0.37% or $0.47 during the last trading session, reaching $127.5. About 1.21M shares traded or 100.46% up from the average. The Children's Place, Inc. (NASDAQ:PLCE) has risen 8.32% since May 19, 2017 and is uptrending. It has underperformed by 3.23% the S&P500.

The ChildrenÂ’s Place, Inc. operates as a children's specialty apparel retailer. The company has market cap of $2.10 billion. The firm operates through two divisions, The ChildrenÂ’s Place U.S. and The ChildrenÂ’s Place International. It has a 27.3 P/E ratio. It sells apparel, accessories, footwear, and other items for children; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, and Baby Place brand names.

More notable recent The Children's Place, Inc. (NASDAQ:PLCE) news were published by: Globenewswire.com which released: “The Children’s Place Continues Capital Return Program, Declares Quarterly Dividend” on May 17, 2018, also Benzinga.com with their article: “22 Stocks Moving In Thursday’s Pre-Market Session” published on May 17, 2018, Seekingalpha.com published: “Children’s Place Retail Stores down on earnings miss” on May 17, 2018. More interesting news about The Children's Place, Inc. (NASDAQ:PLCE) were released by: Globenewswire.com and their article: “The Children’s Place Reports First Quarter 2018 Results” published on May 17, 2018 as well as Nasdaq.com‘s news article titled: “Childrens Place Inc Stock Drops on Q1 Earnings Miss” with publication date: May 17, 2018.

The Children's Place, Inc. (NASDAQ:PLCE) Institutional Positions Chart

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