Gap (The) with ticker code (GPS) have now 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 30 and 18.25 calculating the mean target price we have 23.29. Given that the stocks previous close was at 18.27 this indicates there is a potential upside of 27.5%. The 50 day MA is 19.39 while the 200 day moving average is 26.7. The market cap for the company is $6,363m. You can visit the company’s website by visiting: https://www.gapinc.com
The potential market cap would be $8,111m 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, Athleta, Intermix, and Janie and Jack 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 March 04, 2021, the company had 3,100 company-operated stores and 615 franchise stores. It also provides its products through e-commerce sites. The Gap was founded in 1969 and is headquartered in San Francisco, California.
