Gap Inc. (NYSE:GPS) was upgraded by analysts at Vetr from a “sell” rating to a “buy” rating in a research report issued on Monday. The firm currently has a $26.76 price objective on the apparel retailer’s stock. Vetr‘s price objective would indicate a potential upside of 4.49% from the stock’s previous close.

A number of other brokerages also recently weighed in on GPS. Citigroup Inc. downgraded shares of Gap from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $27.00 to $25.00 in a research report on Friday. Jefferies Group upped their price objective on shares of Gap to $36.00 in a research report on Friday. Wedbush upped their price objective on shares of Gap from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Friday. Mizuho upped their price objective on shares of Gap from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, FBR & Co upped their price objective on shares of Gap to $28.00 and gave the stock a “hold” rating in a research report on Friday. Five research analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating and six have given a buy rating to the stock. Gap has a consensus rating of “Hold” and an average price target of $24.90.

Analyst Recommendations for Gap (NYSE:GPS)

Gap (NYSE:GPS) opened at 25.61 on Monday. Gap has a one year low of $17.00 and a one year high of $30.49. The company has a 50 day moving average of $25.49 and a 200-day moving average of $23.13. The company has a market cap of $10.22 billion, a P/E ratio of 15.24 and a beta of 1.06.

Gap (NYSE:GPS) last issued its quarterly earnings data on Thursday, November 17th. The apparel retailer reported $0.60 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.60. The business earned $3.80 billion during the quarter, compared to the consensus estimate of $3.74 billion. Gap had a net margin of 4.33% and a return on equity of 32.77%. The company’s revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.63 earnings per share. On average, equities analysts expect that Gap will post $2.02 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 25th. Stockholders of record on Wednesday, January 4th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Friday, December 30th. Gap’s dividend payout ratio (DPR) is presently 55.09%.

Several hedge funds have recently added to or reduced their stakes in the company. Blair William & Co. IL boosted its stake in Gap by 0.5% in the second quarter. Blair William & Co. IL now owns 18,164 shares of the apparel retailer’s stock valued at $385,000 after buying an additional 84 shares during the period. Cypress Capital Group boosted its stake in shares of Gap by 0.9% in the first quarter. Cypress Capital Group now owns 16,426 shares of the apparel retailer’s stock valued at $482,000 after buying an additional 148 shares during the period. Sumitomo Mitsui Asset Management Company LTD boosted its stake in shares of Gap by 0.9% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 18,783 shares of the apparel retailer’s stock valued at $417,000 after buying an additional 166 shares during the period. Charter Trust Co. boosted its stake in shares of Gap by 1.6% in the second quarter. Charter Trust Co. now owns 11,374 shares of the apparel retailer’s stock valued at $241,000 after buying an additional 175 shares during the period. Finally, World Asset Management Inc boosted its stake in shares of Gap by 0.9% in the third quarter. World Asset Management Inc now owns 25,916 shares of the apparel retailer’s stock valued at $576,000 after buying an additional 223 shares during the period. Institutional investors own 57.23% of the company’s stock.

Gap Company Profile

The Gap, Inc (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, Athleta and Intermix brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services.

5 Day Chart for NYSE:GPS

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