GAP (NYSE:GPS) Target Raised by Deutsche Bank AG to $15.00

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GAP stock has undergone multiple analysts rating changes in the recent past.  GAP stock Target Raised by   Deutsche Bank AG on 6/29/2020. In a note to investors, the firm issued a new target price of $15.00. The analysts previously had $13.00 target price. Deutsche Bank AG’s price target would indicate a potential upside of 24.28% from the stock’s previous close.

Shares of GAP traded up $0.39 on Monday, reaching $12.46. 33394164 shares of the stock traded hands, compared to its average volume of 20775839. Shares of were trading at $12.46 on Monday. The firm’s 50 day moving average is $9.34 and its 200 day moving average is 13.88.GAP  has a 12 month low of $12.09 and a 12 month high of $19.86. While on yearly highs and lows, GAP today has traded high as $12.89 and has touched $12.09 on the downward trend.

GAP Earnings and What to expect: 

GAP last issued its quarterly earnings results on June 4th, 2020. The apparel retailer reported ($2.51) EPS for the quarter, missing analysts’ consensus estimates of ($0.67) by $1.84. The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.35 billion. Its quarterly revenue was down 43.1% compared to the same quarter last year. GAP has generated $1.97 earnings per share over the last year. GAP has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, August 27th, 2020 based off prior year’s report dates.

Earnings for GAP are expected to grow in the coming year, from ($2.31) to $0.94 per share. The P/E ratio of GAP is -5.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of GAP is -5.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. GAP has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 45.30%
  • On 6/9/2020 Insider John Strain Buy 5,500 at average share price of $12.84 which equates to $70,620.00 in money value.
  • On 6/21/2019 CEO Mcneil S Fiske Jr Sell 16,183 at average price of  $18.00 with total value of : Not Data Available
  • On 5/13/2019 EVP Julie Gruber Sell 3,286 at average price of  $24.00 with total value of : $78,864.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for GAP

  • 6/22/2020 – GAP was upgraded by analysts at Wells Fargo & Co from an “underweight” rating to an “overweight” rating. They now have a $19.00 price target on the stock, up previously from $8.00. ()
  • 6/11/2020 – GAP had its price target raised by analysts at UBS Group AG from $8.00 to $12.00. They now have a “neutral” rating on the stock. ()
  • 6/10/2020 – GAP had its price target raised by analysts at Morgan Stanley from $9.00 to $11.00. They now have an “equal weight” rating on the stock. ()
  • 6/8/2020 – GAP had its price target lowered by analysts at Deutsche Bank AG from $15.00 to $13.00. They now have a “hold” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Deutsche Bank AG: 

  • 6/29/2020 – Koninklijke Philips was given a new €47.00 price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Haier Electronics Group is now covered by analysts at Deutsche Bank AG. They set a “hold” rating on the stock. ()
  • 6/29/2020 – Dell had its price target raised by analysts at Deutsche Bank AG from $55.00 to $60.00. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Big Lots had its price target raised by analysts at Deutsche Bank AG from $37.00 to $42.00. They now have a “hold” rating on the stock. ()
  • See More Analyst Rating at: RATING

GAP (NYSE:GPS) Moving Average Technical Analysis

5 day Moving Average is $11.29 And 5 day price change is 0.75 (0.065)  with average volume for 5 day average is 37,845,105. While technical analysis for average 20 days shows significant difference, 20 day moving average is  11.35 and 20 day price change is 2.4 (0.2427) and average 20 day moving volume is 23,313,531. 50 day moving average is 9.34  and 50 day price change is 3.94 ( 0.4719)  and with average volume for 50 days is : 17,176,115. 200 day moving average is 13.88  and 200 day price change is -6.89 (-35.92%)  and with average volume for 200 days is : 10,001,753.

See More Analyst Rating at: RATING