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Childrens Place (NASDAQ:PLCE) has received an average rating of “Buy” from the seventeen brokerages that are covering the stock, AnalystRatingsNetwork reports. Six research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $54.64.

A number of research firms have recently commented on PLCE. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Childrens Place in a research note on Monday. They now have a $52.00 price target on the stock, down previously from $54.00. Separately, analysts at Maxim Group reiterated a “buy” rating on shares of Childrens Place in a research note on Wednesday, June 18th. Finally, analysts at CRT Capital initiated coverage on shares of Childrens Place in a research note on Thursday, June 12th. They set a “fair value” rating and a $52.00 price target on the stock.

Shares of Childrens Place (NASDAQ:PLCE) traded up 0.82% on Tuesday, hitting $50.60. The stock had a trading volume of 71,894 shares. Childrens Place has a 1-year low of $44.54 and a 1-year high of $58.89. The stock’s 50-day moving average is $49.54 and its 200-day moving average is $49.89. The company has a market cap of $1.105 billion and a P/E ratio of 23.99.

Childrens Place (NASDAQ:PLCE) last announced its earnings results on Thursday, May 22nd. The company reported $0.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.61. The company had revenue of $410.10 million for the quarter, compared to the consensus estimate of $407.99 million. During the same quarter in the previous year, the company posted $0.83 earnings per share. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. On average, analysts predict that Childrens Place will post $3.02 earnings per share for the current fiscal year.

Childrens Place Inc(NASDAQ:PLCE), formerly The Children’s Place Retail Stores, Inc, is a pure-play children’s specialty apparel retailer in North America.

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