Gap (The) with ticker code (GPS) now have 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 30 and 18.25 and has a mean target at 23.54. Given that the stocks previous close was at 14.7 this would indicate that there is a potential upside of 60.1%. There is a 50 day moving average of 15.9 and the 200 day MA is 22.73. The market cap for the company is $5,523m. Visit the company website at: https://www.gapinc.com
The potential market cap would be $8,844m 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.
