What's Happening With These Apparel Stores Stocks? -- L Brands, Nordstrom, Children's Place, and Urban Outfitters

NEW YORK, Feb. 5, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on LB, JWN, PLCE, and URBN which can be accessed for free by signing up to www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on L Brands Inc. (NYSE: LB), Nordstrom Inc. (NYSE: JWN), The Children's Place Inc. (NASDAQ: PLCE), and Urban Outfitters Inc. (NASDAQ: URBN). Companies in the Apparel Stores industry operate physical retail establishments that sell clothing and accessories. The profitability of individual companies depends heavily on effective merchandising and marketing. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

L Brands

Columbus, Ohio headquartered L Brands Inc.'s shares finished Friday's session 3.73% lower at $47.51. A total volume of 5.22 million shares was traded, which was above their three months average volume of 4.48 million shares. The stock has gained 8.94% over the previous three months. The Company's shares are trading below their 200-day moving average by 0.73%. Moreover, shares of L Brands, which operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories, have a Relative Strength Index (RSI) of 31.59.  

On January 23^rd, 2018, L Brands announced the closing of its previously announced offering of $500 million aggregate principal amount of 5.250% senior notes due 2028. The sale of the 2028 Notes was underwritten by BofA Merrill Lynch, Citigroup, HSBC, J.P. Morgan, and Wells Fargo Securities as joint book-running managers. Get the full research report on LB for free by clicking below at: www.wallstequities.com/registration/?symbol=LB

Nordstrom

Shares in Seattle, Washington-based Nordstrom Inc. ended the day 2.80% lower at $47.85 with a total trading volume of 1.84 million shares. The stock has advanced 19.80% in the previous three months and 9.97% over the past year. The Company's shares are trading 0.96% and 5.11% above their 50-day and 200-day moving averages, respectively. Moreover, shares of Nordstrom, which provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the US and Canada, have an RSI of 41.89. 

On January 08^th, 2018, Nordstrom announced that Karen McKibbin, President of Nordstrom Rack, will be retiring in March. Geevy Thomas, Chief Innovation Officer, will succeed McKibbin. Geevy, who joined the Company in 1983, has held numerous senior leadership positions throughout the Organization and served as president of Nordstrom Rack from 2010 to January 2017. 

On January 23^rd, 2018, research firm William Blair downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Today's complimentary research report on JWN is accessible at: www.wallstequities.com/registration/?symbol=JWN

Children's Place

Secaucus, New Jersey-based The Children's Place Inc.'s stock declined 2.80%, closing the session at $145.60. A total volume of 281,682 shares was traded. The Company's shares have surged 34.38% in the previous three months and 48.04% over the past year. The stock is trading 1.20% above its 50-day moving average and 23.78% above its 200-day moving average. Additionally, shares of Children's Place have an RSI of 39.43.  

On January 08^th, 2018, Children's Place announced comparable retail sales of positive 8.5% for the first nine weeks of Q4 2017. The Company also increased Q4 2017 adjusted diluted EPS guidance to $2.45 to $2.50, versus previous guidance of $2.07 to $2.12. Additionally, the Company increased its fiscal 2017 adjusted diluted EPS guidance to $7.83 to $7.88 versus previous guidance of $7.46 to $7.51.

On January 10^th, 2018, research firm Chardan Capital Markets reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $130 a share to $156 a share. Register now for your free research document on PLCE at: www.wallstequities.com/registration/?symbol=PLCE

Urban Outfitters

On Friday, shares in Philadelphia, Pennsylvania-based Urban Outfitters Inc. finished the session 3.15% lower at $32.62. A total volume of 2.33 million shares was traded. The stock has gained 30.79% over the previous three months and 24.36% over the past year. The Company's shares are trading above their 200-day moving average by 34.94%. Moreover, shares of Urban Outfitters, which engages in the retail and wholesale of general consumer products, have an RSI of 40.99.  

On January 08^th, 2018, Urban Outfitters announced that total Company net sales for the two months ended December 31^st, 2017, increased 3.6% over the same period last year. For the eleven months ended December 31^st, 2017, total Company net sales increased 1.2% over the same period last year. Additionally, during the eleven months ended December 31^st, 2017, the Company opened a total of 18 new locations.

On January 17^th, 2018, research firm Nomura reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $26 a share to $30 a share. Click on the link below and see our free report URBN at: www.wallstequities.com/registration/?symbol=URBN

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