Children’s Place, Inc. (The) (NASDAQ:PLCE)‘s stock had its “buy” rating reaffirmed by equities researchers at FBR & Co in a note issued to investors on Monday. They currently have a $127.00 price target on the stock. FBR & Co’s price target would suggest a potential upside of 8.13% from the company’s previous close.

A number of other research analysts have also issued reports on PLCE. BMO Capital Markets set a $112.00 target price on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a research note on Tuesday, August 8th. BidaskClub raised shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Saturday, July 8th. Telsey Advisory Group upgraded shares of Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 price target for the company in a report on Monday, June 26th. Finally, Bank of America Corporation set a $140.00 price target on Children’s Place, Inc. (The) and gave the company a “buy” rating in a research report on Tuesday, June 13th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $128.36.

Children’s Place, Inc. (NASDAQ PLCE) opened at 117.45 on Monday. Children’s Place, Inc. has a one year low of $70.90 and a one year high of $125.30. The firm has a 50-day moving average of $109.02 and a 200-day moving average of $109.51. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 16.80 and a beta of 0.32.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.86 EPS for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.11. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The company had revenue of $373.60 million for the quarter, compared to analyst estimates of $376.53 million. During the same quarter last year, the firm posted ($0.01) earnings per share. The company’s quarterly revenue was up .6% compared to the same quarter last year. Analysts anticipate that Children’s Place, Inc. will post $7.35 EPS for the current year.

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Several institutional investors have recently modified their holdings of the company. Strs Ohio raised its position in Children’s Place, Inc. (The) by 150.0% in the first quarter. Strs Ohio now owns 1,000 shares of the company’s stock worth $120,000 after purchasing an additional 600 shares in the last quarter. Riverhead Capital Management LLC lifted its stake in Children’s Place, Inc. (The) by 80.7% during the second quarter. Riverhead Capital Management LLC now owns 1,265 shares of the company’s stock worth $129,000 after purchasing an additional 565 shares during the period. Ameritas Investment Partners Inc. bought a new position in Children’s Place, Inc. (The) during the first quarter worth about $194,000. Meeder Asset Management Inc. bought a new position in Children’s Place, Inc. (The) during the second quarter worth about $182,000. Finally, Massachusetts Financial Services Co. MA acquired a new stake in Children’s Place, Inc. (The) during the first quarter valued at approximately $225,000.

Children’s Place, Inc. (The) Company Profile

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

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