Brokerage Ratings Worth Looking At: The Gap, Inc. (NYSE:GPS), ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA)

The Gap, Inc. (NYSE:GPS) showed a decline of -1.42% from the market’s prior closing price. That fall sent the price at $23.66 per share as of January 13,2017 when the total trading capacity was lower compared with their three months average volume of 6.27M shares. The consensus analyst PT for this stock has now been moved to $25.66.

The Gap, Inc. (GPS) Price Indications

The firm keeps price-to-earnings ratio at 14.15 in 12 months. In last trade, the intraday high was $24.21, putting the share price -22.25% below its 52-week high and trades 43.63% higher from the lowest price they have traded at during the previous year. It turned lower -6.10% from its 50-day simple moving average. The current price is up 1.61% from the average market prices over a 200-day period.

The Gap, Inc. (NYSE:GPS) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 3 have a Sell, 2 suggested Buy, 1 said Outperform and 21 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 4 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 3.16, according to Thomson Reuters data.

On January 13,2017, ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) closed session down at $23.69 with -0.08%. The institutional holdings in the company makes up 87.80% while the Beta factor is 2.06. The stock’s RSI (Relative Strength Index) reached 89.98.

ARIAD Pharmaceuticals, Inc. (ARIA) Price Potential

In recent trade, the price was 132.78% up its 200 day moving average and was brought 78.08% up versus its 50-day simple moving average. The stock exchanged hands at a volume of 14.66M shares whereas, the average volume was 10.23M shares. In the past 12 months, the share price floated in the $4.37 -$23.81 range. The market capitalization arrived at market cap 4.60 billion. After the day trading kicked off at $23.69, the stock was seen approaching $23.67 as its bottom price and $23.71 as its intraday high price. In previous session, the price was settled at $23.71.

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 1 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 7 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 0 analysts and ‘Overweight’ verdict was shared by 1 analysts. The company has a Mean Recommendation of 2.67 based on a scale of 1-5 provided by Thomson Reuters.

Prominent Analysts Reporting Update: The Gap, Inc. (NYSE:GPS), QEP Resources, Inc. (NYSE:QEP)

The Gap, Inc. (NYSE:GPS) showed a decline of -0.88% from the market’s prior closing price. That fall sent the price at $23.70 per share as of January 11,2017 when the total trading capacity was lower compared with their three months average volume of 6.25M shares. The consensus analyst PT for this stock has now been moved to $25.55.

The Gap, Inc. (GPS) Price Indications

The firm keeps price-to-earnings ratio at 14.17 in 12 months. In last trade, the intraday high was $24.33, putting the share price -22.11% below its 52-week high and trades 43.87% higher from the lowest price they have traded at during the previous year. It turned lower -6.42% from its 50-day simple moving average. The current price is up 1.58% from the average market prices over a 200-day period.

The Gap, Inc. (NYSE:GPS) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 3 have a Sell, 2 suggested Buy, 1 said Outperform and 21 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 4 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 3.16, according to Thomson Reuters data.

On January 11,2017, QEP Resources, Inc. (NYSE:QEP) closed session up at $18.10 with 1.34%. The institutional holdings in the company makes up 92.40% while the Beta factor is 1.96. The stock’s RSI (Relative Strength Index) reached 43.90.

QEP Resources, Inc. (QEP) Price Potential

In recent trade, the price was 1.10% up its 200 day moving average and was brought -0.91% down versus its 50-day simple moving average. The stock exchanged hands at a volume of 3.98M shares whereas, the average volume was 3.61M shares. In the past 12 months, the share price floated in the $8.54 -$21.12 range. The market capitalization arrived at market cap 4.35 billion. After the day trading kicked off at $17.88, the stock was seen approaching $17.57 as its bottom price and $18.12 as its intraday high price. In previous session, the price was settled at $17.86.

QEP Resources, Inc. (NYSE:QEP) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 5 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 5 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 0 analysts and ‘Overweight’ verdict was shared by 9 analysts. The company has a Mean Recommendation of 2.00 based on a scale of 1-5 provided by Thomson Reuters.

Analyst Coverage That Needs Your Attention: The Gap, Inc. (NYSE:GPS), Groupon, Inc. (NASDAQ:GRPN)

The Gap, Inc. (NYSE:GPS) showed a growth of 2.14% from the market’s prior closing price. That gain sent the price at $23.84 per share as of January 09,2017 when the total trading capacity was higher compared with their three months average volume of 6.68M shares. The consensus analyst PT for this stock has now been moved to $25.55.

The Gap, Inc. (GPS) Price Indications

The firm keeps price-to-earnings ratio at 14.26 in 12 months. In last trade, the intraday high was $24.03, putting the share price -21.65% below its 52-week high and trades 44.72% higher from the lowest price they have traded at during the previous year. It turned lower -6.27% from its 50-day simple moving average. The current price is up 2.01% from the average market prices over a 200-day period.

The Gap, Inc. (NYSE:GPS) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 3 have a Sell, 2 suggested Buy, 1 said Outperform and 21 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 4 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 3.16, according to Thomson Reuters data.

On January 09,2017, Groupon, Inc. (NASDAQ:GRPN) closed session down at $3.52 with -0.28%. The institutional holdings in the company makes up 54.10% while the Beta factor is 1.32. The stock’s RSI (Relative Strength Index) reached 44.06.

Groupon, Inc. (GRPN) Price Potential

In recent trade, the price was -16.92% down its 200 day moving average and was brought -8.41% down versus its 50-day simple moving average. The stock exchanged hands at a volume of 7.19M shares whereas, the average volume was 13.87M shares. In the past 12 months, the share price floated in the $2.15 -$5.94 range. The market capitalization arrived at market cap 2.09 billion. After the day trading kicked off at $3.54, the stock was seen approaching $3.51 as its bottom price and $3.63 as its intraday high price. In previous session, the price was settled at $3.53.

Groupon, Inc. (NASDAQ:GRPN) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 1 equity analysts. 1 Wall Street brokerages assign ‘Sell’ rating for the firm. 11 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 1 analysts and ‘Overweight’ verdict was shared by 4 analysts. The company has a Mean Recommendation of 2.83 based on a scale of 1-5 provided by Thomson Reuters.

The Gap, Inc. (GPS): Updated Analyst Ratings

The Gap, Inc. (GPS), with 3.73% gains in previous 5 sessions, is under coverage of 31 analysts who collectively assign a sell rating on stock. 3 of the brokerages firms have a buy or better rating; the 1 sells versus 6 underperforms. The 28 stock analysts who cover the stock have an average PT at $25.62, with individual targets in the range of $20 to $36. The shares ended last trade at $23.34, implying that Wall Street analysts see shares climbing about 9.77 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have 4.01 jumped so far this year. A President at The Gap, Inc. (GPS) sold shares in a trading activity completed on Monday November 21, 2016. Kirwan Jeff offloaded 11,406 shares in the company at a per-share price of $25.38 and ended up generating $289,480 in proceeds. Kirwan Jeff retains 8,763 shares in the stock after this transaction. A EVP, CIO in the company, Chapman Paul Joseph, on Monday November 21, 2016 collected $169,030 from the sale of 6,764 shares at a per-share price of $25.38. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

The Gap, Inc. (GPS) Earnings on Tap

Investors interested in trading GPS stock at the current market price of $23.34/share should know the company will next release quarterly results for the January 2017 quarter. For the reporting quarter, equity analysts expect the stock to deliver $0.44 in earnings per share (EPS). That would represent a -22.81 per cent year-over-year decrease. Revenue for the same quarter is predicted to arrive at $4.39B.

Historical Quarterly Earnings: Last quarter, The Gap, Inc. generated nearly $3.8B in sales and net income of $0.6/share. That compares with the mean forecast $3.74B and $0.6/share, respectively. For the prior quarter revenue for the stock hit $3.85B, with EPS at $0.6.

The Gap, Inc. (GPS) Analyst Rating News

Piper Jaffray is following shares of The Gap, Inc. (GPS), so its rating change is noteworthy. The company stock was upgraded to Neutral from Underweight, wrote analysts at Piper Jaffray, in a research note issued to clients on Monday November 28, 2016. There was another key research note provided by Citigroup on Friday November 18, 2016. The firm lowered its rating on GPS from Neutral to Sell.

Price Potential: Even though the stock has posted 0.39% rise in value, its new closing price reflects a -23.3% fall in value from company’s one year high of $30.74. The stock is currently holding below its 50-day SMA of $24.56 and below its 200-day SMA of $24.65. Over the last 3 months and over the last 6 months, the shares of The Gap, Inc. (GPS), have changed 3.51% and 4.96%, respectively.

The Gap, Inc. (GPS) on January 5, 2017 reported that net sales were up 1 percent and comparable sales were positive 2 percent for the November and December 2016 holiday season, compared with last year.

December Sales Results

Gap Inc.’s net sales for the five-week period ended December 31, 2016 increased 3 percent to $2.07 billion, compared with net sales of $2.01 billion for the five-week period ended January 2, 2016.

The company’s comparable sales for December 2016 were up 4 percent versus a 5 percent decrease last year. Comparable sales by global brand for December 2016 were as follows:

  • Gap Global: positive 1 percent versus negative 2 percent last year
  • Banana Republic Global: negative 7 percent versus negative 9 percent last year
  • Old Navy Global: positive 12 percent versus negative 7 percent last year

Additional insight into Gap Inc.’s sales performance is available by calling 1-800-GAP-NEWS (1-800-427-6397). International callers may call 706-902-4949. The recording will be available at approximately 1:15 p.m. Pacific Time on January 5, 2017 and available for replay until 1:15 p.m. Pacific Time on January 13, 2017.

January Sales

The company will report January sales at 1:15 p.m. Pacific Time on Monday, February 6, 2017.

Hunt For Analyst Views To Observe: The Gap, Inc. (NYSE:GPS), RPM International Inc. (NYSE:RPM)

The Gap, Inc. (NYSE:GPS) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 2 have a “buy”, 3 suggested “sell”, 21 said “hold” and 4 called “underperform” rating for the stock, according to Thomson Reuters data. 1 recommends the stock is “outperforming”. The company has an Average Rating of 3.16 based on analysts tracked by Thomson Reuters.

The Gap, Inc. (NYSE:GPS) made a -3.93% move from the market’s previous close, putting the price on the $23.25 per share as of 01/05/2017. The total volume of shares traded was above their three months average volume of 6,420,000 shares. The firm maintains a P/E ratio of 13.91 in 12 months. The Gap, Inc. consensus analyst price target has now moved to $25.62. On a given day, the intraday low was $22.75. That means the share price went down -23.59% from its 52-week low and trades up 41.14% versus the highest price the stock has traded at during the previous year. It shifted down -0.70% versus its 200 day moving average. The current price dropped -9.02% from the average market prices over a 50-day period.

RPM International Inc. recently traded 1.30% above its 50-day simple moving average and went up 3.18% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 1.15. The institutional ownership stake in the corporation is 74.40% while the Beta value stands at 1.36. Its RSI (Relative Strength Index) reached 46.76.

On 01/05/2017, RPM International Inc. (NYSE:RPM) ended trading lower at $52.60 with -4.08%. The firm exchanged hands at a volume of 2,046,998 whereas, the average volume was 588.72K shares. In the past 52 weeks, the share price moved between $36.16 and $55.57. The market cap landed at $7.03B. After the day began at $52.04, the stock was seen hitting $52.80 as its intraday high price and $51.43 as its bottom price. The prior close was recorded at $54.84.

RPM International Inc. (NYSE:RPM) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 1 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 9 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 2 analysts. The company has an Average Rating of 2.67 based on Thomson Reuters I/B/E/S scale of 1-5.

Gap Inc. (NYSE:GPS) comparable sales in December surged against the odds

Apparel Retail giant Gap Inc. (NYSE:GPS) posted a surprise surge in December comparable sales, and said it expected 2016 profit to beat the forecast, in sharp comparison to weak holiday sales from department store operators and some apparel retailers.

Company’s stock, which was boosted from robust demand for its Gap Inc. (NYSE:GPS) and Old Navy brands, were up 8% at US$25.14 in after-market trading on Thursday.

In the recent times the company has been in the process of overhauling the Gap and banana republic brands, looking to repeat the success of the low-end Old Navy attire.

Meanwhile comparable sales of its signature Gap brand surged I% in December, in contrast with a 2% drop year over year.

Sales of old Navy brand surged 12%, in contrast with a 7% drop year over year.

The company’s comparable sales increased 4% in December in contrast with the analyst’s prediction of a 0.7% drop.

In the recent periods Gap and other traditional apparel chains have been struggling with the surging status of online retailers and fast-fashion chains such as H&M, Forever 21 and Inditex’s Zara, which are popular for offering up-to-the-minute clothes at much better prices.

Gap (GPS), which is also shutting stores and reducing overhead costs, said it now expected full-year 2016 adjusted profit to be modestly above the higher end of the prediction range of US$1.87-US$1.92 per share.

Furthermore department-store chains Macy’s Inc and Kohl’s Corp both dropped their 2016 profit projections on Wednesday, after their holiday season sales dropped more than estimated.

Moreover American Eagle Outfitters Inc, which said fourth-quarter comparable sales to date were flat, said on Thursday “the holiday sales season was choppy and highly promotional.”

The Gap, Inc. (GPS) at $24.2: How much higher it can go

The Gap, Inc. (GPS), with 7.6% gains in previous 5 sessions, is under coverage of 31 analysts who collectively assign a sell rating on stock. 3 of the brokerages firms have a buy or better rating; the 1 sells versus 6 underperforms. The 28 stock analysts who cover the stock have an average PT at $25.55, with individual targets in the range of $20 to $36. The shares ended last trade at $24.2, implying that Wall Street analysts see shares climbing about 5.58 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have 7.84 jumped so far this year. A President at The Gap, Inc. (GPS) sold shares in a trading activity completed on Monday November 21, 2016. Kirwan Jeff offloaded 11,406 shares in the company at a per-share price of $25.38 and ended up generating $289,480 in proceeds. Kirwan Jeff retains 8,763 shares in the stock after this transaction. A EVP, CIO in the company, Chapman Paul Joseph, on Monday November 21, 2016 collected $169,030 from the sale of 6,764 shares at a per-share price of $25.38. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

The Gap, Inc. (GPS) Earnings on Tap

Investors interested in trading GPS stock at the current market price of $24.2/share should know the company will next release quarterly results for the January 2017 quarter. For the reporting quarter, equity analysts expect the stock to deliver $0.42 in earnings per share (EPS). That would represent a -26.32 per cent year-over-year decrease. Revenue for the same quarter is predicted to arrive at $4.31B.

Historical Quarterly Earnings: Last quarter, The Gap, Inc. generated nearly $3.8B in sales and net income of $0.6/share. That compares with the mean forecast $3.74B and $0.6/share, respectively. For the prior quarter revenue for the stock hit $3.85B, with EPS at $0.6.

The Gap, Inc. (GPS) Analyst Rating News

Piper Jaffray is following shares of The Gap, Inc. (GPS), so its rating change is noteworthy. The company stock was upgraded to Neutral from Underweight, wrote analysts at Piper Jaffray, in a research note issued to clients on Monday November 28, 2016. There was another key research note provided by Citigroup on Friday November 18, 2016. The firm lowered its rating on GPS from Neutral to Sell.

Price Potential: Even though the stock has posted 3.07% rise in value, its new closing price reflects a -20.47% fall in value from company’s one year high of $30.74. The stock is currently holding below its 50-day SMA of $25 and above its 200-day SMA of $24.64. Over the last 3 months and over the last 6 months, the shares of The Gap, Inc. (GPS), have changed 12.25% and 13.37%, respectively.

Notable Analyst Opinions: Urban Outfitters, Inc. (NASDAQ:URBN), The Gap, Inc. (NYSE:GPS)

Urban Outfitters, Inc. (NASDAQ:URBN) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 9 have a “buy”, 0 suggested “sell”, 23 said “hold” and 0 called “underperform” rating for the stock, according to Thomson Reuters data. 2 recommends the stock is “outperforming”. The company has an Average Rating of 2.41 based on analysts tracked by Thomson Reuters.

Urban Outfitters, Inc. (NASDAQ:URBN) made a 0.35% move from the market’s previous close, putting the price on the $28.58 per share as of 01/03/2017. The total volume of shares traded was above their three months average volume of 2,700,000 shares. The firm maintains a P/E ratio of 14.85 in 12 months. Urban Outfitters, Inc. consensus analyst price target has now moved to $36.39. On a given day, the intraday low was $28.23. That means the share price went down -29.95% from its 52-week low and trades up 42.47% versus the highest price the stock has traded at during the previous year. It shifted down -10.07% versus its 200 day moving average. The current price dropped -14.20% from the average market prices over a 50-day period.

The Gap, Inc. recently traded -8.45% below its 50-day simple moving average and went up 0.06% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 0.64. The institutional ownership stake in the corporation is 60.10% while the Beta value stands at 0.97. Its RSI (Relative Strength Index) reached 44.72.

On 01/03/2017, The Gap, Inc. (NYSE:GPS) ended trading higher at $23.48 with 4.63%. The firm exchanged hands at a volume of 9,143,617 whereas, the average volume was 6.26M shares. In the past 52 weeks, the share price moved between $16.47 and $30.43. The market cap landed at $9.49B. After the day began at $22.72, the stock was seen hitting $23.58 as its intraday high price and $22.69 as its bottom price. The prior close was recorded at $22.44.

The Gap, Inc. (NYSE:GPS) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 2 equity analysts. 3 analysts assign ‘Sell’ rating for the stock. 21 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 4 analysts and ‘Overweight’ recommendation was issued by 1 analysts. The company has an Average Rating of 3.16 based on Thomson Reuters I/B/E/S scale of 1-5.

A Look At Analyst Coverage On Two Stocks: The Gap, Inc. (NYSE:GPS), CoreCivic, Inc. (NYSE:CXW)

The Gap, Inc. (NYSE:GPS) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 2 have a “buy”, 3 suggested “sell”, 21 said “hold” and 4 called “underperform” rating for the stock, according to Thomson Reuters data. 1 recommends the stock is “outperforming”. The company has an Average Rating of 3.16 based on analysts tracked by Thomson Reuters.

The Gap, Inc. (NYSE:GPS) made a 0.13% move from the market’s previous close, putting the price on the $22.73 per share as of 12/29/2016. The total volume of shares traded was below their three months average volume of 6,220,000 shares. The firm maintains a P/E ratio of 13.59 in 12 months. The Gap, Inc. consensus analyst price target has now moved to $25.62. On a given day, the intraday low was $22.55. That means the share price went down -26.06% from its 52-week low and trades up 36.58% versus the highest price the stock has traded at during the previous year. It shifted down -4.36% versus its 200 day moving average. The current price dropped -12.75% from the average market prices over a 50-day period.

CoreCivic, Inc. recently traded 22.08% above its 50-day simple moving average and went down -1.33% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 0.99. The institutional ownership stake in the corporation is 86.40% while the Beta value stands at 1.02. Its RSI (Relative Strength Index) reached 65.53.

On 12/29/2016, CoreCivic, Inc. (NYSE:CXW) ended trading higher at $24.41 with 1.03%. The firm exchanged hands at a volume of 1,198,750 whereas, the average volume was 2.76M shares. In the past 52 weeks, the share price moved between $12.56 and $33.75. The market cap landed at $2.87B. After the day began at $23.65, the stock was seen hitting $24.57 as its intraday high price and $23.65 as its bottom price. The prior close was recorded at $24.16.

CoreCivic, Inc. (NYSE:CXW) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 1 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 1 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 1 analysts. The company has an Average Rating of 2.00 based on Thomson Reuters I/B/E/S scale of 1-5.

The Gap, Inc. (NYSE:GPS) at $22.7: How much higher it can go

The Gap, Inc. (NYSE:GPS), with -5.97% losses in previous 5 sessions, is under coverage of 31 analysts who collectively assign a sell rating on stock. 3 of the brokerages firms have a buy or better rating; the 1 sells versus 6 underperforms. The 28 stock analysts who cover the stock have an average PT at $25.62, with individual targets in the range of $20 to $36. The shares ended last trade at $22.7, implying that Wall Street analysts see shares climbing about 12.86 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have -4.49 retreated so far this year. A President at The Gap, Inc. (GPS) sold shares in a trading activity completed on Monday November 21, 2016. Kirwan Jeff offloaded 11,406 shares in the company at a per-share price of $25.38 and ended up generating $289,480 in proceeds. Kirwan Jeff retains 8,763 shares in the stock after this transaction. A EVP, CIO in the company, Chapman Paul Joseph, on Monday November 21, 2016 collected $169,030 from the sale of 6,764 shares at a per-share price of $25.38. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

The Gap, Inc. (NYSE:GPS) Earnings on Tap

Investors interested in trading GPS stock at the current market price of $22.7/share should know the company will next release quarterly results for the January 2016 quarter. For the reporting quarter, equity analysts expect the stock to deliver $0.42 in earnings per share (EPS). That would represent a -26.32 per cent year-over-year decrease. Revenue for the same quarter is predicted to arrive at $4.31B.

Historical Quarterly Earnings: Last quarter, The Gap, Inc. generated nearly $3.8B in sales and net income of $0.6/share. That compares with the mean forecast $3.74B and $0.6/share, respectively. For the prior quarter revenue for the stock hit $3.85B, with EPS at $0.6.

The Gap, Inc. (GPS) Analyst Rating News

Piper Jaffray is following shares of The Gap, Inc. (GPS), so its rating change is noteworthy. The company stock was upgraded to Neutral from Underweight, wrote analysts at Piper Jaffray, in a research note issued to clients on Monday November 28, 2016. There was another key research note provided by Citigroup on Friday November 18, 2016. The firm lowered its rating on GPS from Neutral to Sell.

Price Potential: Even though the stock has posted -0.09% fall in value, its new closing price reflects a -26.15% fall in value from company’s one year high of $30.74. The stock is currently holding below its 50-day SMA of $25.8 and below its 200-day SMA of $24.49. Over the last 3 months and over the last 6 months, the shares of The Gap, Inc. (GPS), have changed 3.98% and 10.42%, respectively.