Gap (The) with ticker code (GPS) now have 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 29.5 and 7 calculating the average target price we see 15.54. Now with the previous closing price of 13 this would imply there is a potential upside of 19.5%. The 50 day MA is 13.99 while the 200 day moving average is 20.08. The market cap for the company is $4,833m. Company Website: https://www.gapinc.com
The potential market cap would be $5,777m 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.
