The Children’s Place (NASDAQ:PLCE): Monness Crespi & Hardt Reaffirms Buy Rating Today, Has a Target of $150/Share

The Children's Place, Inc. (NASDAQ:PLCE) Logo

Investors sentiment increased to 1.04 in 2018 Q2. Its up 0.26, from 0.78 in 2018Q1. It is positive, as 33 investors sold The Children's Place, Inc. shares while 80 reduced holdings. 53 funds opened positions while 65 raised stakes. 19.83 million shares or 0.66% more from 19.70 million shares in 2018Q1 were reported.

Emerald Advisers Inc Pa owns 203,581 shares. Asset Management One Limited invested in 0% or 2,170 shares. Colony Grp Inc Ltd Com owns 18,944 shares for 0.12% of their portfolio. Moreover, California Public Employees Retirement Systems has 0.01% invested in The Children's Place, Inc. (NASDAQ:PLCE). Smithfield Trust Company holds 0% of its portfolio in The Children's Place, Inc. (NASDAQ:PLCE) for 45 shares. Vident Investment Advisory Ltd Llc has 25,165 shares. Canada Pension Plan Investment Board has 85,900 shares for 0.02% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in The Children's Place, Inc. (NASDAQ:PLCE). Cwm Lc stated it has 7 shares or 0% of all its holdings. Clough Limited Partnership stated it has 4,100 shares. Axiom Invsts Ltd Co De has 14,667 shares. Lsv Asset Mngmt holds 0.14% in The Children's Place, Inc. (NASDAQ:PLCE) or 757,836 shares. Natixis invested in 0% or 2,808 shares. Piedmont Invest Advisors Ltd Limited Liability Company stated it has 3,866 shares. Commonwealth Of Pennsylvania School Empls Retrmt Systems invested 0.01% of its portfolio in The Children's Place, Inc. (NASDAQ:PLCE).

Since August 27, 2018, it had 0 insider purchases, and 1 insider sale for $13.49 million activity.

The Children’s Place (NASDAQ:PLCE) Rating Reaffirmed

The broker has just set a target price of $150 on The Children’s Place (NASDAQ:PLCE) shares. This is 40.62 % from the last stock close. In an analyst report issued to investors and clients on 7 December, Monness Crespi & Hardt reaffirmed their Buy rating on shares of PLCE.

The Children's Place, Inc. (NASDAQ:PLCE) Ratings Coverage

Among 4 analysts covering Children’s Place (NASDAQ:PLCE), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Children’s Place has $167 highest and $150 lowest target. $125.33’s average target is 17.49% above currents $106.67 stock price. Children’s Place had 5 analyst reports since July 13, 2018 according to SRatingsIntel. The company was maintained on Monday, December 3 by Citigroup. The firm has “Buy” rating by Citigroup given on Friday, August 24. As per Tuesday, October 2, the company rating was upgraded by Bank of America. The firm earned “Buy” rating on Friday, August 24 by Monness Crespi & Hardt.

The stock decreased 13.38% or $16.48 during the last trading session, reaching $106.67. About 3.11M shares traded or 409.22% up from the average. The Children's Place, Inc. (NASDAQ:PLCE) has risen 16.88% since December 7, 2017 and is uptrending. It has outperformed by 1.26% the S&P500.

The ChildrenÂ’s Place, Inc. operates as a children's specialty apparel retailer. The company has market cap of $1.75 billion. The firm operates through two divisions, The ChildrenÂ’s Place U.S. and The ChildrenÂ’s Place International. It has a 25.61 P/E ratio. It sells apparel, accessories, footwear, and other items for children; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, and Baby Place brand names.

More notable recent The Children's Place, Inc. (NASDAQ:PLCE) news were published by: Nasdaq.com which released: “Noteworthy Monday Option Activity: PLCE, TCMD, WAB – Nasdaq” on November 05, 2018, also Nasdaq.com with their article: “Will Growth Strategy Help Children’s Place (PLCE) Rebound? – Nasdaq” published on July 05, 2018, Marketwatch.com published: “Stocks close mostly lower after dramatic day of trading following arrest of Huawei CFO – MarketWatch” on December 06, 2018. More interesting news about The Children's Place, Inc. (NASDAQ:PLCE) were released by: Nasdaq.com and their article: “Children’s Place (PLCE) Shares Cross Below 200 DMA – Nasdaq” published on November 16, 2018 as well as Nasdaq.com‘s news article titled: “Burlington Stores (BURL) Up on Q3 Earnings Beat, Raised View – Nasdaq” with publication date: November 29, 2018.

The Children's Place, Inc. (NASDAQ:PLCE) Institutional Positions Chart

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