GAP (NYSE:GAP – Get Free Report) had its price target raised by equities researchers at JPMorgan Chase & Co. from $27.00 to $28.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 24.83% from the company’s previous close.
Separately, Telsey Advisory Group reissued a “market perform” rating and set a $29.00 target price on shares of GAP in a research report on Monday, August 26th.
Get Our Latest Stock Analysis on GAP
GAP Stock Performance
GAP (NYSE:GAP – Get Free Report) last posted its earnings results on Thursday, May 30th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.14 by $0.27. The business had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $3.28 billion.
GAP Company Profile
The Gap, Inc 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, and Athleta brands. Its products include adult apparel and accessories; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls.
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