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Gap Inc (NYSE:GPS) has been upgraded to Neutral in a report by Piper Jaffray Cos. today.

Yesterday Gap Inc (NYSE:GPS) traded -0.35% lower at $25.57. The company’s 50-day moving average is $26.98 and its 200-day moving average is $23.57. The last stock close price is up 8.11% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 8,765,890 shares of the stock were exchanged, up from an average trading volume of 6,189,510

Piper Jaffray Cos. has upgraded Gap Inc (NYSE:GPS) to Neutral in a report released on 11/28/2016.

Previously on 11/28/2016, Vetr Inc. reported about Gap Inc (NYSE:GPS) raised the target price from $0.00 to $26.76. At the time, this indicated a possible upside of 0.05%.

See Chart Below

Gap Inc (NYSE:GPS)

Gap Inc has a 52 week low of $17.00 and a 52 week high of $30.74 with a P/E ratio of 15.17 The company’s market cap is currently $0.

In addition to Piper Jaffray Cos. reporting its target price, a total of 29 firms have reported on the stock. The consensus target price is $19.66 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 23 firms rating the stock a hold, 10 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About 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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