Gap (The) (GPS) has risen sharply, recording gains of 2.68% in the past 4 weeks. However, the stock has corrected -1.52% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.89% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.71% and the fifty day Moving Average is 12.1%. The Gap, Inc. is up 47.66% in the last three month period. Year-to-Date the stock performance stands at 10.26%.
Gap (The) (GPS) : Average target price received by Gap (The) (GPS) is $23.5 with an expected standard deviation of $4.14. The most aggressive target on the stock is $33, whereas the most downbeat target is $16. 20 financial analysts are currently covering the stock.
Gap (The) (NYSE:GPS): stock turned positive on Friday. Though the stock opened at $26.5, the bulls momentum made the stock top out at $26.78 level for the day. The stock recorded a low of $26.29 and closed the trading day at $26.48, in the green by 0.34%. The total traded volume for the day was 3,427,965. The stock had closed at $26.39 in the previous days trading.
The Gap, Inc. is an apparel retail company. The Company offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix brands. In addition to operating in the specialty, outlet, online and franchise channels, Gap Inc. is an apparel retailer in using omni-channel capabilities for digital world and physical stores. Its omni-channel services include order-in-store, reserve-in-store, find-in-store and ship-from-store that are tailored across its portfolio of brands. Gap includes GapKids, babyGap, GapMaternity, GapBody and GapFit collections. It also offers handbags, shoes, jewelry, eyewear and personal care products, among others. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China and Hong Kong. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.