Telsey Advisory Group reaffirmed their market perform rating on shares of GAP (NYSE:GPS) in a research note issued to investors on Monday morning, Zacks.com reports.
A number of other analysts also recently issued reports on GPS. Barclays started coverage on GAP in a research report on Tuesday, November 12th. They issued an underweight rating and a $14.00 target price for the company. Wedbush decreased their target price on GAP from $18.00 to $15.00 and set a neutral rating for the company in a research report on Monday, November 11th. Bank of America reissued a sell rating and issued a $13.00 target price on shares of GAP in a research report on Friday, January 17th. Deutsche Bank cut their price target on GAP from $17.00 to $15.00 and set a hold rating for the company in a report on Friday, November 8th. Finally, MKM Partners raised their price target on GAP to and gave the stock a neutral rating in a report on Friday, January 17th. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and one has given a buy rating to the stock. GAP has an average rating of Hold and an average target price of $17.27.
NYSE:GPS traded down $0.51 during trading hours on Monday, reaching $14.19. The stock had a trading volume of 11,346,752 shares, compared to its average volume of 5,516,518. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.58 and a current ratio of 1.43. The stock has a 50 day simple moving average of $17.76 and a 200 day simple moving average of $17.25. GAP has a 12-month low of $13.47 and a 12-month high of $31.39. The stock has a market cap of $5.74 billion, a P/E ratio of 6.66, a price-to-earnings-growth ratio of 1.00 and a beta of 0.75.
GAP Company Profile
The Gap, Inc operates as an apparel retail company worldwide. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Hill City brands. Its products include denim, tees, button-downs, khakis, and other products; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities to women and girls.
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