Children’s Place Receives a Hold from BMO Capital

By Carrie Williams

BMO Capital analyst John Morris reiterated a Hold rating on Children’s Place (NASDAQ: PLCE) today and set a price target of $115. The company’s shares opened today at $108.

According to TipRanks.com, Morris is a 1-star analyst with an average return of -2.6% and a 44.4% success rate. Morris covers the Services sector, focusing on stocks such as Duluth Holdings Inc, Abercrombie Fitch, and Burlington Stores.

Children’s Place has an analyst consensus of Moderate Buy.

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The Children’s Place, Inc. engages in the provision of apparel, accessories and footwear for children. It also designs, contracts to manufacture and sell fashionable and value-priced merchandise, the majority of which is under the proprietary The Children’s Place brand name. Its stores offer a friendly and convenient shopping environment. It operates its business through the The Children’s Place U.S. and The Children’s Place International. The Children’s Place U.S. segment includes the company’s U.S. and Puerto Rico based stores. The Children’s Place Canada segment manages the Canadian based stores, the revenue from the Company’s Canada wholesale business, as well as the revenue from international franchisees. The company was founded in 1969 and is headquartered in Secaucus, NJ.