Gap Inc (NYSE:GPS) target price raised to $25.20, reported today by Vetr Inc.
- Updated: October 9, 2016
Boasting a price of $26.25, Gap Inc (NYSE:GPS) traded 15.23% higher on the day. With the last close up 13.90% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Gap Inc has recorded a 50-day average of $23.88 and a two hundred day average of $23.05. Volume of trade was up over the average, with 31,862,161 shares of GPS changing hands over the typical 6,514,380
Gap Inc (NYSE:GPS) had its price target upped to $25.20 by Vetr Inc. in an issued report announced 10/10/2016. The latest stock price target implies a possible downside of -0.04% from the company's most recent close.
On 10/7/2016, Deutsche Bank released a statement on Gap Inc (NYSE:GPS) bumped up the target price from $18.00 to $24.00 that suggested a downside of -0.08%.
With a total market value of $0, Gap Inc has price-earnings ratio of 14.79 with a one year low of $17.00 and a one year high of $30.49 .
A total of 29 analysts have released a research note on GPS. One analyst rating the company a strong buy, one analyst rating the company a buy, twenty-three analysts rating the company a hold, ten analysts rating the company a underperform, and finally one analyst rating the company a sell with a one year target of $19.66.
More 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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