The Children's Place (NASDAQ:PLCE) target reduced to $88.00, reported today by Piper Jaffray
- Updated: September 21, 2016
Yesterday The Children's Place (NASDAQ:PLCE) traded -4.47% lower at $82.79. The company’s 50-day moving average is $82.77 and its 200-day moving average is $78.49. The last stock close price is up 0.76% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 220,547 shares of the stock were exchanged, down from an average trading volume of 427,039
The Children's Place (NASDAQ:PLCE) had its target price lowered to $88.00 by Piper Jaffray in a report released 9/21/2016. The new target price indicates a possible upside of 0.06% based on the company's last stock close price.
Previously on 8/18/2016, Telsey Advisory Group reported about The Children's Place (NASDAQ:PLCE) raised the target price from $83.00 to $93.00. At the time, this indicated a possible upside of 0.07%.
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The Children's Place has a price-earnings ratio of 19.61 with a one year low of $46.74 and a one year high of $90.00 PLCE’s total market value is presently $0.
In addition to Piper Jaffray reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $80.77 with 3 firms rating the stock a strong buy, 4 firms rating the stock a buy, 7 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About The Children's Place (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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