Gap (The) found using ticker (GPS) have now 20 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 29.5 and 6 with a mean TP of 10.34. Given that the stocks previous close was at 8.86 this would indicate that there is a potential upside of 16.7%. The 50 day moving average now sits at 10 and the 200 moving average now moves to 15.75. The company has a market capitalisation of $3,441m. Company Website: https://www.gapinc.com
The potential market cap would be $4,015m based on the market concensus.
The Gap 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. As of December 31, 2021, the company had 2,835 company-operated stores and 564 franchise stores. It also provides its products through e-commerce sites. The Gap was incorporated in 1969 and is headquartered in San Francisco, California.
