Barclays Remains a Hold on Children’s Place (PLCE)

In a report issued on November 19, Adrienne Yih from Barclays maintained a Hold rating on Children’s Place (PLCEResearch Report), with a price target of $43.00. The company’s shares closed last Friday at $40.20.

According to TipRanks.com, Yih is a 4-star analyst with an average return of 5.8% and a 58.0% success rate. Yih covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Dick’s Sporting Goods, and Canada Goose Holdings.

Currently, the analyst consensus on Children’s Place is a Hold with an average price target of $31.13, implying a -23.5% downside from current levels. In a report issued on November 18, B.Riley Financial also maintained a Hold rating on the stock with a $32.00 price target.

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The company has a one-year high of $73.24 and a one-year low of $9.25. Currently, Children’s Place has an average volume of 1.38M.

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PLCE in relation to earlier this year.

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The Children’s Place, Inc. engages in the provision of apparel, footwear, accessories, and other items for children. It also designs, contracts to manufacture and sell fashionable and value-priced merchandise under the brand names of The Children’s Place, Place and Baby Place. The company was founded in 1969 and is headquartered in Secaucus, NJ.