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Gap Inc 18% Potential Upside Now Implied by Wedbush

Gap Inc with TICKER NYSE:GPS has had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘NEUTRAL’ yesterday by research analysts at Wedbush. Gap Inc are listed in the Consumer Services sector within NYSE. Wedbush have set their target price at 27 USD on its stock. This indicates the analyst believes there is a potential upside of 18% from the opening price of 22.88 USD.

 

Gap Inc NYSE:GPS has a 50 day moving average of 24.40 USD and a 200 day moving average of 23.91 USD. The 52 week high for the share price is currently at 30.74 USD while the 52 week low is 17 USD. Over the last 30 and 90 trading days the company share price has increased 0.25 points and increased 1.01 points respectively. There are currently 399,055,028 shares in issue with the average daily volume traded being 6,234,870. Market capitalisation for NYSE:GPS is $9,074,511,245.00 USD.

 

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.

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