Gap, Inc. (The) with ticker code (GPS) have now 19 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 18 and 7 and has a mean target at 12. With the stocks previous close at 14.56 this is indicating there is a potential downside of -17.6%. There is a 50 day moving average of 13.22 while the 200 day moving average is 11.02. The market capitalisation for the company is $5,275m. Company Website: https://www.gapinc.com
The potential market cap would be $4,347m based on the market concensus.
The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls. The company offers its products through company-operated stores, franchise stores, Websites, third-party arrangements, and catalogs. It has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, Athleta, and Banana Republic stores and websites in Asia, Europe, Latin America, the Middle East, and Africa. The company also provides its products through e-commerce sites. The Gap, Inc. was incorporated in 1969 and is headquartered in San Francisco, California.
