Gap Inc (NYSE:GPS) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: November 27, 2016
Displaying a price of $25.92, Gap Inc (NYSE:GPS) traded -2.33% lower on the day. With the last close up 9.05% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. Gap Inc has recorded a 50-day average of $27.00 and a two hundred day average of $23.45. Volume of trade was down over the average, with 2,593,773 shares of GPS changing hands under the typical 6,106,350
Zacks Investment Research has downgraded Gap Inc (NYSE:GPS) to Hold in a report released on 11/22/2016.
On 11/21/2016, Vetr Inc. released a statement on Gap Inc (NYSE:GPS) raised the target price from $0.00 to $26.76 that suggested an upside of 0.04%.
Recent Performance Chart
Gap Inc has a PE ratio of 15.22 with a one year low of $17.00 and a one year high of $30.74 GPS’s total market value is presently $0.
A total of 29 firms have issued a report on the stock. One equity analyst rating the company a strong buy, 1 broker rating the stock a buy, 23 analysts rating the company a hold, ten analysts rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $19.66.
General Company Details For Gap Inc (NYSE:GPS)
The Gap, Inc. (Gap Inc.) is an apparel retail company. The Company offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services. It also sells products that are designed and manufactured by branded third-parties, especially at its Intermix brands. The Company's segments include Gap Global, Old Navy Global, Banana Republic Global, Athleta and Intermix. Its omni-channel services, including order-in-store, reserve-in-store, find-in-store and ship-from-store are tailored across its portfolio of brands. Gap Inc. The Company has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China, Taiwan and Hong Kong.
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