Are Analysts Bullish about Childrens Place Inc (NASDAQ:PLCE) after last week?

May 19, 2017 - By Clifton Ray

 Are Analysts Bullish about Childrens Place Inc (NASDAQ:PLCE) after last week?

Childrens Place Inc (NASDAQ:PLCE) Ratings Coverage

Among 12 analysts covering Children’s Place (NASDAQ:PLCE), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Children’s Place had 30 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Monday, January 11 by Morgan Stanley. Telsey Advisory Group maintained the shares of PLCE in report on Thursday, August 18 with “Market Perform” rating. Wolfe Research downgraded Childrens Place Inc (NASDAQ:PLCE) on Monday, December 7 to “Peer Perform” rating. The stock of Childrens Place Inc (NASDAQ:PLCE) earned “Overweight” rating by Piper Jaffray on Thursday, March 17. The rating was maintained by Wolfe Research with “Outperform” on Friday, November 18. The stock of Childrens Place Inc (NASDAQ:PLCE) earned “Buy” rating by Bank of America on Monday, November 14. The rating was maintained by Telsey Advisory Group with “Market Perform” on Wednesday, December 9. The stock of Childrens Place Inc (NASDAQ:PLCE) earned “Underperform” rating by Bank of America on Tuesday, October 27. Piper Jaffray downgraded it to “Neutral” rating and $88 target in Wednesday, September 21 report. Zacks upgraded Childrens Place Inc (NASDAQ:PLCE) rating on Friday, August 14. Zacks has “Hold” rating and $67 target. Below is a list of Childrens Place Inc (NASDAQ:PLCE) latest ratings and price target changes.

22/02/2017 Broker: Buckingham Research Rating: Buy New Target: $120 Initiate
06/01/2017 Broker: Williams Capital Group Rating: Buy Old Target: $107 New Target: $117 Maintain
05/01/2017 Broker: Mizuho Rating: Buy Old Target: $105 New Target: $110 Maintain
04/01/2017 Broker: FBR Capital Rating: Outperform Old Target: $102 New Target: $113 Maintain

About 933,063 shares traded or 63.81% up from the average. Childrens Place Inc (NASDAQ:PLCE) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

The Children’s Place, Inc. is a pure-play children’s specialty apparel retailer in North America. The company has market cap of $1.85 billion. The Firm sells apparel, accessories, footwear and other items for children. It has a 17.43 P/E ratio. The Firm operates through two divisions: The Children’s Place U.S. and The Children’s Place International.

Investors sentiment increased to 1.18 in Q4 2016. Its up 0.24, from 0.94 in 2016Q3. It improved, as 32 investors sold Childrens Place Inc shares while 70 reduced holdings. 44 funds opened positions while 76 raised stakes. 20.66 million shares or 2.03% less from 21.08 million shares in 2016Q3 were reported.
Eulav Asset Mngmt reported 0.02% stake. Samlyn Ltd Liability Company has 54,013 shares for 0.12% of their portfolio. State Street Corp has invested 0% in Childrens Place Inc (NASDAQ:PLCE). Hennessy Advsr accumulated 56,300 shares. Riverhead Cap Mgmt Ltd reported 0.01% in Childrens Place Inc (NASDAQ:PLCE). 535,552 were accumulated by Ameriprise Financial. The United Kingdom-based Legal & General Group Incorporated Public Limited has invested 0% in Childrens Place Inc (NASDAQ:PLCE). Fuller And Thaler Asset Mgmt reported 96,265 shares stake. Wellington Mngmt Grp Llp, a Massachusetts-based fund reported 47,393 shares. Ajo Lp stated it has 29,096 shares. L S Advsr Inc has invested 0.05% in Childrens Place Inc (NASDAQ:PLCE). D E Shaw & Co Inc invested in 0% or 2,690 shares. Comerica State Bank stated it has 19,251 shares or 0.02% of all its holdings. Rothschild Asset Mngmt Incorporated holds 0.3% or 233,885 shares in its portfolio. First Quadrant Limited Partnership Ca holds 0.01% of its portfolio in Childrens Place Inc (NASDAQ:PLCE) for 5,900 shares.

Since November 21, 2016, it had 0 insider buys, and 4 sales for $7.38 million activity. 7,304 shares valued at $865,378 were sold by COST BRADLEY P on Thursday, March 23. PRUTHI ANURUP had sold 355 shares worth $36,352 on Friday, January 13. 20,000 shares were sold by SCARPA MICHAEL, worth $2.37M on Thursday, March 23. 40,995 shares valued at $4.10M were sold by MATTHEWS NORMAN S on Monday, November 21.

More recent Childrens Place Inc (NASDAQ:PLCE) news were published by: Investorplace.com which released: “Childrens Place Inc (PLCE) Shares Jump on Huge Earnings Beat” on May 18, 2017. Also Zacks.com published the news titled: “Should You Buy The Children’s Place (PLCE) Ahead of Earnings?” on May 17, 2017. Nasdaq.com‘s news article titled: “The Children’s Place Increases FY17 Adj. Earnings Guidance – Quick Facts” with publication date: May 18, 2017 was also an interesting one.

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