The Gap Inc. (NYSE:GPS) target upped to $24.00, issued a research note today by Deutsche Bank
- Updated: October 7, 2016
In a report issued Friday October 07, 2016 Deutsche Bank raised the target of The Gap Inc. (NYSE:GPS) from $18.00 to $24.00 reporting a potential downside of -0.08%.
On 8/31/2016, Vetr Inc. released a statement on The Gap Inc. (NYSE:GPS) upped the target price from $0.00 to $27.90 that suggested an upside of 0.12%.
Displaying a price of $26.17, The Gap Inc. (NYSE:GPS) traded 12.40% higher on the day. With the last close up 10.98% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $23.87 and a 200-day moving average of $23.07. 5,196,399 shares of GPS traded hands, down from an average trading volume of 6,196,440
Recent Performance Chart
The Gap Inc. has 52 week low of $17.00 and a 52 week high of $30.49 with a price-earnings ratio of 14.43 and has a total market value of $0.
A total of 29 equity analysts have reported on the stock. One equity analyst rating the company a strong buy, one brokerage rating the company a buy, 23 firms rating the stock a hold, 10 brokers rating the stock a underperform, and finally one analyst rating the company a sell with a 12-month target of $19.66.
More About The 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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