Is The Children's Place, Inc. (PLCE) a Buy? The Stock Rises Again

March 14, 2018 - By Nellie Frank

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.51, from 1.3 in 2017Q2. It dived, as 30 investors sold The Children's Place, Inc. shares while 93 reduced holdings. 41 funds opened positions while 56 raised stakes. 21.66 million shares or 3.10% less from 22.35 million shares in 2017Q2 were reported.
Moreover, Blackrock Inc has 0.01% invested in The Children's Place, Inc. (NASDAQ:PLCE) for 2.13M shares. Vident Inv Advisory Limited Liability Corp stated it has 0.16% in The Children's Place, Inc. (NASDAQ:PLCE). Landscape Capital Mngmt Lc invested 0.34% of its portfolio in The Children's Place, Inc. (NASDAQ:PLCE). Barclays Public Limited Company accumulated 55,227 shares. Renaissance Technology Ltd Liability Corp invested in 0% or 1,960 shares. Hillsdale Investment reported 0.16% of its portfolio in The Children's Place, Inc. (NASDAQ:PLCE). Piedmont Limited Liability Corp accumulated 0.01% or 3,842 shares. Moreover, Pnc Services has 0% invested in The Children's Place, Inc. (NASDAQ:PLCE). Ny State Teachers Retirement invested in 0.01% or 49,828 shares. Segall Bryant Hamill Limited Liability Corporation holds 0.01% of its portfolio in The Children's Place, Inc. (NASDAQ:PLCE) for 2,275 shares. Moreover, Schwab Charles Invest Management Incorporated has 0.01% invested in The Children's Place, Inc. (NASDAQ:PLCE) for 140,830 shares. Canada Pension Plan Board holds 75,800 shares. Jpmorgan Chase Com invested in 653,665 shares. Meeder Asset Mgmt has invested 0% in The Children's Place, Inc. (NASDAQ:PLCE). Hsbc Holdings Public Limited Co invested in 13,489 shares or 0% of the stock.

The stock of The Children's Place, Inc. (NASDAQ:PLCE) is a huge mover today! The stock increased 4.59% or $6.05 during the last trading session, reaching $137.8. About 444,857 shares traded or 13.80% up from the average. The Children's Place, Inc. (NASDAQ:PLCE) has risen 44.10% since March 14, 2017 and is uptrending. It has outperformed by 27.40% the S&P500.
The move comes after 9 months positive chart setup for the $2.40B company. It was reported on Mar, 14 by We have $146.07 PT which if reached, will make NASDAQ:PLCE worth $143.82 million more.

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

Among 15 analysts covering Children’s Place (NASDAQ:PLCE), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Children’s Place had 46 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Telsey Advisory Group given on Thursday, August 18. As per Wednesday, January 4, the company rating was maintained by FBR Capital. The rating was upgraded by Wolfe Research to “Outperform” on Monday, March 14. Mizuho maintained The Children's Place, Inc. (NASDAQ:PLCE) on Thursday, January 7 with “Buy” rating. The rating was maintained by Mizuho on Friday, December 4 with “Buy”. On Thursday, January 5 the stock rating was maintained by Mizuho with “Buy”. The rating was maintained by SunTrust with “Hold” on Monday, January 8. The company was upgraded on Wednesday, August 26 by Susquehanna. The stock of The Children's Place, Inc. (NASDAQ:PLCE) earned “Hold” rating by BMO Capital Markets on Tuesday, December 19. FIG Partners maintained the shares of PLCE in report on Thursday, August 27 with “In-Line” rating.

More important recent The Children's Place, Inc. (NASDAQ:PLCE) news were published by: which released: “Should You Buy Children’s Place (PLCE) Ahead of Earnings? March 13, 2018” on March 13, 2018, also published article titled: “Cowen Says Childrens Place Is ‘The Place to Be’ For Shoppers And Investors”, published: “Here’s Why Children’s Place (PLCE) Could be a Great Value Stock” on February 27, 2018. More interesting news about The Children's Place, Inc. (NASDAQ:PLCE) was released by: and their article: “The Children’s Place to Webcast Review of Fourth Quarter and Fiscal Year 2017 …” with publication date: March 13, 2018.

The ChildrenÂ’s Place, Inc. operates as a children's specialty apparel retailer. The company has market cap of $2.40 billion. The firm operates through two divisions, The ChildrenÂ’s Place U.S. and The ChildrenÂ’s Place International. It has a 19.55 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.

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