Weekly updates of research analyst ratings for GAP (GPS)


Several analysts have recently updated their ratings and price targets for GAP (NYSE:GPS):

  • 04/25/2022 – Guggenheim analysts have upgraded GAP from a “neutral” rating to a “buy” rating. They now have a $22.00 price target on the stock.
  • 04/22/2022 – Analysts at The Goldman Sachs Group, Inc. lowered GAP’s price target from $20.00 to $14.00. They now have a “neutral” rating on the stock.
  • 04/22/2022 – Analysts at B. Riley lowered GAP’s price target from $15.00 to $13.00. They now have a “neutral” rating on the stock.
  • 04/22/2022 – Credit Suisse Group AG analysts lowered GAP’s price target from $16.00 to $13.00. They now have a “neutral” rating on the stock.
  • 04/22/2022 – Telsey Advisory Group analysts lowered GAP’s price target from $18.00 to $15.00. They now have a “market return” rating on the stock.
  • 04/22/2022 – Analysts at BMO Capital Markets lowered GAP’s price target from $16.00 to $13.00. They now have a “market return” rating on the stock.
  • 04/22/2022 – Morgan Stanley analysts lowered GAP’s price target from $14.00 to $13.00. They now have an “equal weight” rating on the stock.
  • 04/22/2022 – Analysts at Deutsche Bank Aktiengesellschaft lowered GAP’s price target from $26.00 to $17.00. They now have a “buy” rating on the stock.
  • 04/22/2022 – Analysts at Robert W. Baird lowered GAP’s price target from $18.00 to $14.00.
  • 04/18/2022 – Morgan Stanley analysts lowered GAP’s price target from $14.00 to $13.00. They now have an “equal weight” rating on the stock.
  • 04/14/2022 – Morgan Stanley analysts upgraded GAP from an “underweight” rating to an “equal weight” rating. They now have a $14.00 price target on the stock.
  • 4/5/2022 – Wells Fargo & Company analysts lowered GAP’s price target from $25.00 to $20.00. They now have an “overweight” rating on the stock.
  • 4/1/2022 – Barclays PLC analysts downgraded GAP from an “equal weight” rating to an “underweight” rating. They now have a $13.00 price target on the stock, down from $17.00 previously.
  • 03/31/2022 – GAP is now covered by analysts in StockNews.com. They set a “hold” rating on the stock.
  • 03/09/2022 – Analysts at Daiwa Capital Markets downgraded GAP from a “neutral” rating to an “underperforming” rating. They now have a $13.75 price target on the stock.
  • 3/4/2022 – JPMorgan Chase & Co. analysts raised GAP’s price target from $17.00 to $20.00. They now have a “neutral” rating on the stock.
  • 3/4/2022 – Credit Suisse Group AG analysts lowered GAP’s price target from $20.00 to $16.00. They now have a “neutral” rating on the stock.
  • 3/4/2022 – Analysts at BMO Capital Markets lowered GAP’s price target from $19.00 to $16.00. They now have a “market return” rating on the stock.
  • 02/25/2022 – Telsey Advisory Group analysts lowered GAP’s price target from $24.00 to $18.00. They now have a “market return” rating on the stock.
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Actions of NYSE: GPS opened at $12.05 on Monday. The stock has a market capitalization of $4.46 billion, a PE ratio of 18.26, a PEG ratio of 0.63, and a beta of 1.70. The company’s 50-day moving average is $14.29 and its 200-day moving average is $17.70. The Gap, Inc. has a 52-week low of $11.07 and a 52-week high of $37.63. The company has a quick ratio of 0.53, a current ratio of 1.27, and a debt-to-equity ratio of 0.55.

GAP (NYSE: GPSget rating) last announced its earnings results on Thursday, March 3. The clothing retailer reported ($0.02) earnings per share for the quarter, beating analyst consensus estimates of ($0.14) by $0.12. GAP had a net margin of 1.54% and a return on capital of 19.48%. The company had revenue of $4.53 billion in the quarter, compared with analyst estimates of $4.49 billion. During the same quarter of the previous year, the company recorded $0.28 EPS. The company’s revenue for the quarter increased 2.3% compared to the same quarter last year. Sell-side analysts anticipate The Gap, Inc. to post 1.9 EPS for the current year.

The company also recently revealed a quarterly dividend, to be paid on Wednesday, April 27. Shareholders of record on Wednesday, April 6 will receive a dividend of $0.15 per share. This represents an annualized dividend of $0.60 and a dividend yield of 4.98%. This is a boost from GAP’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Tuesday, April 5. GAP’s payout ratio is currently 90.91%.

Several hedge funds have recently made changes to their positions in the business. Counterpoint Mutual Funds LLC purchased a new position in GAP stock during the fourth quarter worth $27,000. Byrne Asset Management LLC increased its stake in GAP by 111.5% during the first quarter. Byrne Asset Management LLC now owns 2,474 shares of the clothing retailer valued at $35,000 after buying an additional 1,304 shares last quarter. Covestor Ltd purchased a new stake in GAP during the fourth quarter valued at $40,000. Patriot Financial Group Insurance Agency LLC increased its holding in GAP by 270.0% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 1,850 shares of the clothing retailer valued at $42,000 after buying an additional 1,350 shares last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in GAP during the third quarter valued at $94,000. 58.29% of the shares are owned by institutional investors and hedge funds.

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The Gap, Inc operates as a clothing retail company. The company offers clothing, accessories and personal care products for men, women and children under the Old Navy, Gap, Banana Republic and Athleta brands. Its products include denim, T-shirts, fleece, and khakis; eyeglasses, jewelry, shoes, bags and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel and everyday activities for women and girls.

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