A report released today by Bank of America Corp. about Childrens Place Inc (NASDAQ:PLCE) raises the target price to $92.00
- Updated: November 29, 2016
Just yesterday Childrens Place Inc (NASDAQ:PLCE) traded 0.72% higher at $104.89. Childrens Place Inc’s 50-day moving average is $81.77 and its 200-day moving average is $79.77. The last stock price is up 31.01% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 487,523
In a report released on Wednesday November 30, 2016 Bank of America Corp. increased the target of Childrens Place Inc (NASDAQ:PLCE) to $92.00 stating a potential downside of -0.12%.
On 11/18/2016, Telsey Advisory Group reported about Childrens Place Inc (NASDAQ:PLCE) raised the target price from $93.00 to $100.00 that suggested an upside of 0.01%.
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Childrens Place Inc has a price-earnings ratio of 23.68 with a one year low of $48.10 and a one year high of $106.55 The company’s market cap is currently $0.
Also covering Childrens Place Inc's price target, a total of 13 brokerages have issued a ratings update on Childrens Place Inc. The one year target is $80.77 with three equity analysts rating the company a strong buy, four analysts rating the company a buy, seven analysts rating the company a hold, 1 firm rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Childrens Place Inc (NASDAQ:PLCE)
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. The Children's Place U.S. segment includes the United States and Puerto Rico-based stores and revenue from the United States-based wholesale customers. The Children's Place International segment includes its Canadian-based stores, revenue from the Company's Canada wholesale customer, as well as revenue from international franchisees. The Company designs, contracts to manufacture and licenses to sell merchandise under brand names, such as The Children's Place, Place and Baby Place. The Children's Place has various departments and serves the wardrobe needs of girls and boys (sizes 4 to 14), toddler girls and boys (sizes 12 months to 5T), and baby (sizes 0 to 18 months).
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