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Children's Place (PLCE) Stock Forecast & Price Target

$7.87
+0.16 (+2.08%)
(As of 07/26/2024 ET)

Children's Place - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for Children's Place in the last 12 months, the stock has a consensus rating of "Hold." Out of the 4 analysts, 4 have given a hold rating for PLCE.

Consensus Price Target

$14.50
84.24% Upside
High Forecast$30.00
Average Forecast$14.50
Low Forecast$7.00

According to the 4 analysts' twelve-month price targets for Children's Place, the average price target is $14.50. The highest price target for PLCE is $30.00, while the lowest price target for PLCE is $7.00. The average price target represents a forecasted upside of 84.24% from the current price of $7.87.

TypeCurrent Forecast
7/28/23 to 7/27/24
1 Month Ago
6/28/23 to 6/27/24
3 Months Ago
4/29/23 to 4/28/24
1 Year Ago
7/28/22 to 7/28/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$14.50$14.50$17.50$41.00
Forecasted Upside84.24% Upside30.68% Upside21.91% Upside27.06% Upside
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PLCE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PLCE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Children's Place Stock vs. The Competition

TypeChildren's PlaceRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.00
2.45
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside84.24% Upside52.28% Upside9.18% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/11/2024UBS Group
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$24.00 ➝ $12.00+22.08%
5/22/2024Telsey Advisory Group
2 of 5 stars
 Reiterated RatingMarket Perform ➝ Market Perform$9.00 ➝ $9.00-19.06%
4/24/2024B. Riley
4 of 5 stars
J. Lick
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeSell ➝ Neutral$12.00 ➝ $7.00-2.23%
2/9/2024Monness Crespi & Hardt
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:23 AM ET.

PLCE Forecast - Frequently Asked Questions

What is Children's Place's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Children's Place is $14.50, with a high forecast of $30.00 and a low forecast of $7.00.

Should I buy or sell Children's Place stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Children's Place in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PLCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLCE, but not buy additional shares or sell existing shares.

Does Children's Place's stock price have much upside?

According to analysts, Children's Place's stock has a predicted upside of 30.68% based on their 12-month stock forecasts.

What analysts cover Children's Place?

Children's Place has been rated by research analysts at Telsey Advisory Group, and UBS Group in the past 90 days.

Do Wall Street analysts like Children's Place more than its competitors?

Analysts like Children's Place less than other "retail/wholesale" companies. The consensus rating score for Children's Place is 2.00 while the average consensus rating score for "retail/wholesale" companies is 2.45. Learn more on how PLCE compares to other companies.


This page (NASDAQ:PLCE) was last updated on 7/27/2024 by MarketBeat.com Staff

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