ValuEngine Downgrades Childrens Place (PLCE) to Hold
ValuEngine downgraded shares of Childrens Place (NASDAQ:PLCE) from a buy rating to a hold rating in a research report report published on Tuesday.
PLCE has been the topic of several other research reports. BidaskClub downgraded shares of Childrens Place from a strong-buy rating to a buy rating in a report on Wednesday, February 21st. Buckingham Research upped their price objective 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. SunTrust Banks upped their price objective on shares of Childrens Place to $157.00 and gave the stock a hold rating in a report on Tuesday, January 9th. They noted that the move was a valuation call. Cowen started coverage on shares of Childrens Place in a report on Thursday, March 1st. They set an outperform rating and a $160.00 price objective on the stock. Finally, B. Riley set a $130.00 price objective on shares of Childrens Place and gave the stock a buy rating in a report on Wednesday, November 15th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $145.80.
Childrens Place (PLCE) opened at $131.75 on Tuesday. Childrens Place has a 1-year low of $94.95 and a 1-year high of $161.65. The firm has a market cap of $2,290.00, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 1.70 and a beta of 0.30.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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