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

June 26, 2017 - By Darrin Black

 Are Analysts Bullish about Childrens Place Inc (NASDAQ:PLCE) after last week?
Investors sentiment increased to 1.18 in Q4 2016. Its up 0.24, from 0.94 in 2016Q3. It is positive, 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.
Texas Permanent School Fund reported 13,156 shares. Smith Graham And Communication Inv Advsr L P holds 87,302 shares. Amalgamated Bank & Trust has invested 0.01% in Childrens Place Inc (NASDAQ:PLCE). Arizona State Retirement System owns 9,244 shares. 206,944 are owned by Morgan Stanley. Old Mutual Global (Uk) Limited has invested 0.32% in Childrens Place Inc (NASDAQ:PLCE). State Of Alaska Department Of Revenue invested in 1,960 shares. Great West Life Assurance Can stated it has 24,006 shares. Renaissance Technology Limited Com has invested 0.08% in Childrens Place Inc (NASDAQ:PLCE). Jpmorgan Chase And Company accumulated 835,442 shares. Ajo Ltd Partnership has 0.01% invested in Childrens Place Inc (NASDAQ:PLCE). Brown Advisory reported 2,340 shares. 49,728 are held by New York State Teachers Retirement Systems. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corp owns 2,100 shares or 0% of their US portfolio. Gsa Capital Ptnrs Llp reported 3,947 shares.

Since January 13, 2017, it had 0 buys, and 8 selling transactions for $11.87 million activity. 20,000 shares were sold by SCARPA MICHAEL, worth $2.37M on Thursday, March 23. Shares for $2.09M were sold by POOLE GREGORY I. COST BRADLEY P sold $850,276 worth of stock or 7,800 shares. 14,517 shares were sold by LOW KEVIN, worth $1.58M.

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 “Market Perform” rating by Telsey Advisory Group given on Friday, November 18. Telsey Advisory Group maintained the shares of PLCE in report on Wednesday, December 9 with “Market Perform” rating. Goldman Sachs upgraded the shares of PLCE in report on Wednesday, May 18 to “Buy” rating. Wolfe Research downgraded the shares of PLCE in report on Monday, December 7 to “Peer Perform” rating. Mizuho maintained Childrens Place Inc (NASDAQ:PLCE) on Friday, December 4 with “Buy” rating. The firm earned “Outperform” rating on Monday, March 14 by Wolfe Research. The stock of Childrens Place Inc (NASDAQ:PLCE) earned “Neutral” rating by Piper Jaffray on Wednesday, September 21. Oppenheimer downgraded the shares of PLCE in report on Wednesday, May 4 to “Perform” rating. Bank of America downgraded the shares of PLCE in report on Tuesday, October 27 to “Underperform” rating. The rating was upgraded by Morgan Stanley to “Overweight” on Monday, January 11. 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

The stock increased 1.41% or $1.35 on June 23, reaching $96.95. About shares traded. Childrens Place Inc (NASDAQ:PLCE) has risen 44.10% since June 26, 2016 and is uptrending. It has outperformed by 27.40% 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 $1.74 billion. The Firm sells apparel, accessories, footwear and other items for children. It has a 15.95 P/E ratio. The Firm operates through two divisions: The Children’s Place U.S. and The Children’s Place International.

More notable recent Childrens Place Inc (NASDAQ:PLCE) news were published by: Zacks.com which released: “Why the Earnings Streak Will Continue for Children’s Place (PLCE)” on June 21, 2017, also Nasdaq.com with their article: “Children’s Place, Inc. (PLCE) Ex-Dividend Date Scheduled for June 15, 2017” published on June 14, 2017, Benzinga.com published: “Jim Cramer Weighs In On Childrens Place And Arcos Dorados” on June 02, 2017. More interesting news about Childrens Place Inc (NASDAQ:PLCE) were released by: Globenewswire.com and their article: “The Children’s Place to Open Retail Stores in South East Asia” published on June 19, 2017 as well as Benzinga.com‘s news article titled: “Jim Cramer Gives His Opinion On Childrens Place And Lululemon” with publication date: June 19, 2017.

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