ValuEngine upgraded shares of Childrens Place (NASDAQ:PLCE) from a hold rating to a buy rating in a research note published on Monday.

Other equities research analysts have also recently issued research reports about the stock. Chardan Capital reissued a buy rating and set a $156.00 price target (up previously from $130.00) on shares of Childrens Place in a research report on Wednesday, January 10th. B. Riley reissued a buy rating on shares of Childrens Place in a research report on Wednesday, November 1st. Telsey Advisory Group increased their price target on shares of Childrens Place from $135.00 to $140.00 and gave the company an outperform rating in a research report on Thursday, November 16th. SunTrust Banks assumed coverage on shares of Childrens Place in a research report on Thursday, December 21st. They set a hold rating and a $150.00 price target for the company. Finally, BMO Capital Markets set a $130.00 price target on shares of Childrens Place and gave the company a hold rating in a research report on Tuesday, December 19th. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $139.15.

Shares of Childrens Place (NASDAQ PLCE) opened at $141.90 on Monday. Childrens Place has a 12 month low of $94.95 and a 12 month high of $161.65. The stock has a market cap of $2,532.79, a price-to-earnings ratio of 20.03, a PEG ratio of 1.79 and a beta of 0.23.

Childrens Place (NASDAQ:PLCE) last announced its quarterly earnings data on Wednesday, November 15th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.46 by $0.12. Childrens Place had a net margin of 7.07% and a return on equity of 26.58%. The company had revenue of $490.00 million during the quarter, compared to analysts’ expectations of $480.28 million. During the same quarter in the prior year, the company earned $2.29 EPS. The firm’s revenue was up 3.4% on a year-over-year basis. analysts predict that Childrens Place will post 7.87 earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Harvest Fund Management Co. Ltd bought a new position in Childrens Place in the 4th quarter worth $143,000. Everence Capital Management Inc. bought a new position in Childrens Place in the 4th quarter worth $202,000. Cubist Systematic Strategies LLC bought a new position in Childrens Place in the 3rd quarter worth $171,000. Shelton Capital Management bought a new position in Childrens Place in the 3rd quarter worth $206,000. Finally, Advisor Group Inc. raised its holdings in Childrens Place by 169.9% in the 3rd quarter. Advisor Group Inc. now owns 1,768 shares of the company’s stock worth $209,000 after purchasing an additional 1,113 shares in the last quarter.

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Childrens Place 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.

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Analyst Recommendations for Childrens Place (NASDAQ:PLCE)

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