1.80% to Target, Cantor Fitzgerald Reaffirms ‘Hold’ Rating on The Gap Inc (NYSE:GPS) Shares Today

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The Gap Inc (NYSE:GPS) Rating Reaffirmed

They currently have a $26.00 price target on The Gap Inc (NYSE:GPS). The target price by Cantor Fitzgerald would suggest a potential upside of 1.80% from the company’s last stock close. This has been revealed to investors in an interesting research report on Friday, 4 December.

From a total of 31 analysts covering The Gap Inc. (NYSE:GPS) stock, 4 rate it a ”Buy”, 9 a “Sell”, and 24 a ”Hold”. This means that 11% of the ratings are positive. The highest target price is $42 while the lowest target price is $20. The mean of all analyst targets is $27.35 with a 21.04% above today’s ($25.52) stock price. The Gap Inc. was the topic of 69 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on November 20 with “Sell” rating. Telsey Advisory Group maintained shares with “Market Perform” rating and $28 target share price in a report from a November 20. Stifel Nicolaus maintained GPS stock in a recent report from November 20 with “Buy” rating. Bernstein maintained the rating on November 17. Bernstein has a “Market Perform” rating and a $28 price target on shares. Finally, FBR Capital maintained the stock with “Mkt Perform” rating in a report issued on a November 20.

Approximately 984,383 shares of stock traded hands. Gap Inc (NYSE:GPS) has declined 34.99% since May 1, 2015 and is downtrending. It has underperformed by 32.20% the S&P500.

The Gap, Inc. is an apparel retail company. The company has a market cap of $10.54 billion. The Firm offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix brands. It has 10.46 P/E ratio. In addition to operating in the specialty, outlet, online and franchise channels, Gap Inc. is an apparel retailer in using omni-channel capabilities for digital world and physical stores.

According to Zacks Investment Research, “The Gap, Inc. is a global specialty retailer which operates stores selling casual apparel, personal care and other accessories for men, women and children under the Gap, Banana Republic and Old Navy brands. The company designs virtually all of its products, which in turn are manufactured by independent sources, and sells them under its brand names.” Get a free copy of the Zacks research report on Gap Inc (GPS).

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