Childrens Place (NASDAQ:PLCE) has been given a $130.00 price objective by equities researchers at BMO Capital Markets in a research report issued to clients and investors on Tuesday. The brokerage currently has a “hold” rating on the stock. BMO Capital Markets’ price objective would indicate a potential downside of 5.42% from the stock’s current price.

A number of other equities research analysts have also recently commented on PLCE. FBR & Co restated a “buy” rating and issued a $127.00 price target on shares of Childrens Place in a report on Monday, October 2nd. B. Riley restated a “buy” rating on shares of Childrens Place in a report on Wednesday, November 1st. ValuEngine upgraded shares of Childrens Place from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Telsey Advisory Group raised their price target on shares of Childrens Place from $135.00 to $140.00 and gave the stock an “outperform” rating in a report on Thursday, November 16th. Finally, Buckingham Research raised their price target on shares of Childrens Place from $139.00 to $144.00 and gave the stock a “buy” rating in a report on Thursday, November 16th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $132.42.

Shares of Childrens Place (PLCE) opened at $137.45 on Tuesday. The company has a market cap of $2,390.00, a price-to-earnings ratio of 19.34, a price-to-earnings-growth ratio of 2.07 and a beta of 0.33. Childrens Place has a twelve month low of $92.95 and a twelve month high of $141.95.

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

Institutional investors have recently added to or reduced their stakes in the business. Profund Advisors LLC lifted its stake in shares of Childrens Place by 18.0% in the second quarter. Profund Advisors LLC now owns 3,045 shares of the company’s stock valued at $311,000 after buying an additional 465 shares in the last quarter. Airain ltd bought a new position in shares of Childrens Place in the second quarter valued at $1,032,000. Stifel Financial Corp lifted its stake in shares of Childrens Place by 42.7% in the second quarter. Stifel Financial Corp now owns 36,929 shares of the company’s stock valued at $3,773,000 after buying an additional 11,056 shares in the last quarter. Old Mutual Global Investors UK Ltd. lifted its stake in shares of Childrens Place by 42.3% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 373,527 shares of the company’s stock valued at $38,137,000 after buying an additional 110,995 shares in the last quarter. Finally, Legato Capital Management LLC bought a new position in shares of Childrens Place in the third quarter valued at $680,000.

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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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