FBR Capital Reiterates Their Buy Rating on Children’s Place

By Austin Angelo

FBR Capital analyst Susan Anderson reiterated a Buy rating on Children’s Place (NASDAQ: PLCE) yesterday and set a price target of $127. The company’s shares opened today at $111.95.

According to TipRanks.com, Anderson is a 1-star analyst with an average return of -0.3% and a 45.8% success rate. Anderson covers the Services sector, focusing on stocks such as Ascena Retail Group, Abercrombie Fitch, and ClubCorp Holdings.

Children’s Place has an analyst consensus of Moderate Buy, with a price target consensus of $121.

Children’s Place’s market cap is currently $1.97B and has a P/E ratio of 20.42. The company has a book value ratio of 3.9673.

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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.