Gap (NYSE: GPS) had its price objective hosited by Lazard Capital Markets from $48.00 to $50.00 in a report released on Friday, AnalystRatingsNetwork.com reports. Lazard Capital Markets currently has a buy rating on the stock.
Gap (NYSE: GPS) traded down 0.39% on Friday, hitting $44.695. Gap has a 52-week low of $28.05 and a 52-week high of $45.37. The stock’s 50-day moving average is currently $41.89. The company has a market cap of $20.904 billion and a price-to-earnings ratio of 17.46.
GPS has been the subject of a number of other recent research reports. Analysts at Sterne Agee reiterated an underperform rating on shares of Gap in a research note to investors on Friday. They now have a $40.00 price target on the stock, up previously from $35.00. Separately, analysts at Janney Montgomery Scott raised their price target on shares of Gap from $48.00 to $52.00 in a research note to investors on Friday. They now have a buy rating on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Gap from $45.00 to $48.00 in a research note to investors on Friday. They now have a buy rating on the stock.
Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and fifteen have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $44.13.
The Gap, Inc (NYSE: GPS) is a global specialty apparel company.