Media stories about Childrens Place (NASDAQ:PLCE) have been trending positive on Wednesday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Childrens Place earned a news impact score of 0.34 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.1445141099601 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
PLCE has been the topic of a number of recent analyst reports. ValuEngine lowered shares of Childrens Place from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. SunTrust Banks initiated coverage on shares of Childrens Place in a report on Thursday, December 21st. They issued a “hold” rating and a $150.00 price target on the stock. B. Riley set a $130.00 price target on shares of Childrens Place and gave the stock a “buy” rating in a report on Wednesday, November 15th. BidaskClub lowered shares of Childrens Place from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 21st. Finally, Chardan Capital reissued a “buy” rating and issued a $156.00 price target (up previously from $130.00) on shares of Childrens Place in a report on Wednesday, January 10th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $140.64.
Shares of Childrens Place (NASDAQ PLCE) opened at $144.20 on Wednesday. Childrens Place has a 12-month low of $94.95 and a 12-month high of $161.65. The company has a market cap of $2,510.00, a PE ratio of 20.45, a PEG ratio of 1.77 and a beta of 0.30.
About Childrens Place
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.