What Next for The Children's Place, Inc. (PLCE) Stock After Today’s Huge Increase?

March 14, 2018 - By Louis Casey

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.51, from 1.3 in 2017Q2. It dropped, 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, Fmr Limited Liability Corporation has 0.01% invested in The Children's Place, Inc. (NASDAQ:PLCE) for 961,632 shares. Texas Permanent School Fund holds 12,878 shares. Old Mutual Glob Investors (Uk) stated it has 451,409 shares. The California-based Schwab Charles Inv Mngmt has invested 0.01% in The Children's Place, Inc. (NASDAQ:PLCE). Riverhead Cap Management Limited Liability Com invested 0.01% in The Children's Place, Inc. (NASDAQ:PLCE). Wedge L Limited Partnership Nc holds 4,529 shares. Bnp Paribas Arbitrage Sa has 0.02% invested in The Children's Place, Inc. (NASDAQ:PLCE). First Advsrs Lp stated it has 0.01% in The Children's Place, Inc. (NASDAQ:PLCE). Grantham Mayo Van Otterloo And Co Limited Liability Corporation invested 0.01% in The Children's Place, Inc. (NASDAQ:PLCE). Pennsylvania-based Brandywine Glob Invest Management Limited Liability has invested 0.05% in The Children's Place, Inc. (NASDAQ:PLCE). Huntington National Bank & Trust invested in 483 shares or 0% of the stock. Landscape Capital Mgmt Ltd Llc owns 28,669 shares. Sector Pension Board holds 11,108 shares. First Citizens Bank And Trust holds 0.03% in The Children's Place, Inc. (NASDAQ:PLCE) or 1,877 shares. Ameritas Prtn Incorporated, a Nebraska-based fund reported 1,468 shares.

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 Barchart.com. 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. As per Monday, June 26, the company rating was upgraded by Telsey Advisory Group. On Thursday, August 27 the stock rating was maintained by FIG Partners with “In-Line”. The firm has “Market Perform” rating by Telsey Advisory Group given on Friday, November 18. The rating was maintained by BMO Capital Markets on Tuesday, August 8 with “Hold”. The stock has “Hold” rating by BMO Capital Markets on Wednesday, July 5. The firm has “Buy” rating by Goldman Sachs given on Wednesday, May 18. On Wednesday, February 22 the stock rating was initiated by Buckingham Research with “Buy”. BMO Capital Markets maintained The Children's Place, Inc. (NASDAQ:PLCE) rating on Tuesday, January 9. BMO Capital Markets has “Hold” rating and $146.0 target. As per Thursday, March 17, the company rating was upgraded by Piper Jaffray. As per Friday, December 4, the company rating was maintained by Mizuho.

More important recent The Children's Place, Inc. (NASDAQ:PLCE) news were published by: Globenewswire.com which released: “The Children’s Place to Webcast Review of Fourth Quarter and Fiscal Year 2017 …” on March 13, 2018, also Zacks.com published article titled: “Here’s Why Children’s Place (PLCE) Could be a Great Value Stock”, Zacks.com published: “Should You Buy Children’s Place (PLCE) Ahead of Earnings? March 13, 2018” on March 13, 2018. More interesting news about The Children's Place, Inc. (NASDAQ:PLCE) was released by: Benzinga.com and their article: “Cowen Says Childrens Place Is ‘The Place to Be’ For Shoppers And Investors” with publication date: March 01, 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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