Is Childrens Place Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: PLCE) stock is to Hold PLCE stock.
Out of 2 analysts, 0 (0%) are recommending PLCE as a Strong Buy, 0 (0%) are recommending PLCE as a Buy, 2 (100%) are recommending PLCE as a Hold, 0 (0%) are recommending PLCE as a Sell, and 0 (0%) are recommending PLCE as a Strong Sell.
What is PLCE's forecast return on equity (ROE) for 2024-2025?
(NASDAQ: PLCE) forecast ROE is 100.04%, which is considered strong.
What is PLCE's Price Target?
According to 2 Wall Street analysts that have issued a 1 year PLCE price target, the average PLCE price target is $21.00, with the highest PLCE stock price forecast at $22.00 and the lowest PLCE stock price forecast at $20.00.
On average, Wall Street analysts predict that Childrens Place's share price could reach $21.00 by May 25, 2024. The average Childrens Place stock price prediction forecasts a potential upside of 45.13% from the current PLCE share price of $14.47.
What is PLCE's forecast return on assets (ROA) for 2024-2025?
(NASDAQ: PLCE) forecast ROA is 16.07%, which is lower than the forecast US Apparel Retail industry average of 18.84%.
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