Children’s Place, Inc. (The) (NASDAQ:PLCE)‘s stock had its “hold” rating reaffirmed by stock analysts at BMO Capital Markets in a research note issued on Thursday. They currently have a $112.00 price objective on the stock. BMO Capital Markets’ price target would indicate a potential upside of 2.94% from the stock’s current price.

Several other analysts have also recently weighed in on PLCE. BidaskClub raised Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a report on Saturday, July 8th. FBR & Co reaffirmed a “buy” rating and issued a $127.00 price target on shares of Children’s Place, Inc. (The) in a research note on Monday, October 2nd. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $128.36.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last announced its quarterly earnings data on Wednesday, August 9th. The company reported $0.86 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.11. The firm had revenue of $373.60 million during the quarter, compared to analysts’ expectations of $376.53 million. Children’s Place, Inc. (The) had a return on equity of 26.01% and a net margin of 7.14%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.01) EPS.

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Several institutional investors and hedge funds have recently modified their holdings of the stock. Chicago Equity Partners LLC grew its position in shares of Children’s Place, Inc. (The) by 16.9% in the 3rd quarter. Chicago Equity Partners LLC now owns 21,490 shares of the company’s stock valued at $2,539,000 after purchasing an additional 3,100 shares during the period. Old Mutual Global Investors UK Ltd. grew its position in shares of Children’s Place, Inc. (The) by 20.9% in the 3rd quarter. Old Mutual Global Investors UK Ltd. now owns 451,409 shares of the company’s stock valued at $53,333,000 after purchasing an additional 77,882 shares during the period. Sapphire Star Partners LP acquired a new position in shares of Children’s Place, Inc. (The) in the 3rd quarter valued at approximately $242,000. Wedge Capital Management L L P NC grew its position in shares of Children’s Place, Inc. (The) by 18.9% in the 3rd quarter. Wedge Capital Management L L P NC now owns 4,529 shares of the company’s stock valued at $535,000 after purchasing an additional 719 shares during the period. Finally, Csenge Advisory Group acquired a new position in shares of Children’s Place, Inc. (The) in the 3rd quarter valued at approximately $231,000.

Children’s Place, Inc. (The) Company Profile

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.

Analyst Recommendations for Children`s Place, Inc. (The) (NASDAQ:PLCE)

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