Breaking: Robert W. Baird Keeps $35.0 Target On Gap (NYSE:GPS) Shares, Keeps Their Original “Hold” Rating

April 17, 2018 - By Dolores Ford

The Gap, Inc. (NYSE:GPS) Logo

Investors sentiment increased to 0.98 in 2017 Q4. Its up 0.02, from 0.96 in 2017Q3. It improved, as 37 investors sold The Gap, Inc. shares while 153 reduced holdings. 73 funds opened positions while 113 raised stakes. 208.71 million shares or 2.18% more from 204.26 million shares in 2017Q3 were reported.

Nordea Mngmt stated it has 0% in The Gap, Inc. (NYSE:GPS). Laurion Mgmt Ltd Partnership owns 90,565 shares or 0.02% of their US portfolio. Sumitomo Mitsui Tru Holdg holds 0.03% or 725,652 shares in its portfolio. Dupont Capital Management has 0% invested in The Gap, Inc. (NYSE:GPS). Glg Prns Limited Partnership reported 162,258 shares stake. Landscape Cap Mngmt Llc invested 0.25% of its portfolio in The Gap, Inc. (NYSE:GPS). Van Eck Assocs holds 0% or 23,864 shares. invested in 1.98% or 17.74 million shares. Advisory Serv Ntwk Limited Liability Com has invested 0% in The Gap, Inc. (NYSE:GPS). Hbk Investments L P holds 0.01% or 45,443 shares. Moreover, Moore Cap Mgmt Ltd Partnership has 0.16% invested in The Gap, Inc. (NYSE:GPS) for 250,000 shares. Ledyard Bancorporation owns 10,785 shares for 0.04% of their portfolio. Sg Americas Ltd Liability Corporation reported 114,117 shares. Natl Bank Of New York Mellon accumulated 10.21M shares or 0.09% of the stock. Ser Automobile Association invested in 244,238 shares.

Since February 1, 2018, it had 1 buy, and 11 selling transactions for $57.85 million activity. Shares for $17.22 million were sold by FISHER JOHN J. On Tuesday, March 13 Kirwan Jeff sold $1.63 million worth of The Gap, Inc. (NYSE:GPS) or 50,000 shares. GOLDNER BRIAN bought $168,742 worth of stock. Hyder Brent also sold $192,921 worth of The Gap, Inc. (NYSE:GPS) shares. $954,780 worth of The Gap, Inc. (NYSE:GPS) was sold by Syngal Sonia. $2.53M worth of stock was sold by Chapman Paul Joseph on Wednesday, March 21.

Gap (NYSE:GPS) Rating Reaffirmed

Recently, In a note revealed on Thursday, 21 December, Gap (NYSE:GPS) shares have had their “Hold” Rating reiterated by equity research analysts at Robert W. Baird, who currently has a $35.0 target on firm. This target by Robert W. Baird gives the possibile upside of 14.60 % from the last price.

Investors sentiment increased to 0.98 in 2017 Q4. Its up 0.02, from 0.96 in 2017Q3. It improved, as 37 investors sold The Gap, Inc. shares while 153 reduced holdings. 73 funds opened positions while 113 raised stakes. 208.71 million shares or 2.18% more from 204.26 million shares in 2017Q3 were reported.

Nordea Mngmt stated it has 0% in The Gap, Inc. (NYSE:GPS). Laurion Mgmt Ltd Partnership owns 90,565 shares or 0.02% of their US portfolio. Sumitomo Mitsui Tru Holdg holds 0.03% or 725,652 shares in its portfolio. Dupont Capital Management has 0% invested in The Gap, Inc. (NYSE:GPS). Glg Prns Limited Partnership reported 162,258 shares stake. Landscape Cap Mngmt Llc invested 0.25% of its portfolio in The Gap, Inc. (NYSE:GPS). Van Eck Assocs holds 0% or 23,864 shares. invested in 1.98% or 17.74 million shares. Advisory Serv Ntwk Limited Liability Com has invested 0% in The Gap, Inc. (NYSE:GPS). Hbk Investments L P holds 0.01% or 45,443 shares. Moreover, Moore Cap Mgmt Ltd Partnership has 0.16% invested in The Gap, Inc. (NYSE:GPS) for 250,000 shares. Ledyard Bancorporation owns 10,785 shares for 0.04% of their portfolio. Sg Americas Ltd Liability Corporation reported 114,117 shares. Natl Bank Of New York Mellon accumulated 10.21M shares or 0.09% of the stock. Ser Automobile Association invested in 244,238 shares.

Since February 1, 2018, it had 1 buy, and 11 selling transactions for $57.85 million activity. Shares for $17.22 million were sold by FISHER JOHN J. On Tuesday, March 13 Kirwan Jeff sold $1.63 million worth of The Gap, Inc. (NYSE:GPS) or 50,000 shares. GOLDNER BRIAN bought $168,742 worth of stock. Hyder Brent also sold $192,921 worth of The Gap, Inc. (NYSE:GPS) shares. $954,780 worth of The Gap, Inc. (NYSE:GPS) was sold by Syngal Sonia. $2.53M worth of stock was sold by Chapman Paul Joseph on Wednesday, March 21.

The Gap, Inc. (NYSE:GPS) Ratings Coverage

Among 17 analysts covering Gap (NYSE:GPS), 2 have Buy rating, 1 Sell and 14 Hold. Therefore 12% are positive. Gap has $48.0 highest and $3 lowest target. $31.63’s average target is 3.57% above currents $30.54 stock price. Gap had 35 analyst reports since October 30, 2017 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, January 25 by Barclays Capital. Barclays Capital maintained The Gap, Inc. (NYSE:GPS) rating on Friday, November 17. Barclays Capital has “Overweight” rating and $34 target. Deutsche Bank maintained The Gap, Inc. (NYSE:GPS) on Friday, November 17 with “Hold” rating. On Thursday, March 1 the stock rating was maintained by Cowen & Co with “Hold”. As per Friday, November 17, the company rating was maintained by RBC Capital Markets. Jefferies maintained it with “Buy” rating and $45.0 target in Tuesday, February 20 report. The rating was maintained by Barclays Capital with “Overweight” on Friday, March 2. The stock of The Gap, Inc. (NYSE:GPS) earned “Market Perform” rating by BMO Capital Markets on Friday, November 17. The rating was downgraded by Citigroup to “Sell” on Thursday, November 30. RBC Capital Markets maintained The Gap, Inc. (NYSE:GPS) rating on Monday, October 30. RBC Capital Markets has “Hold” rating and $26.0 target.

The stock increased 1.26% or $0.38 during the last trading session, reaching $30.54. About 3.28M shares traded. The Gap, Inc. (NYSE:GPS) has risen 31.10% since April 17, 2017 and is uptrending. It has outperformed by 19.55% the S&P500.

Analysts await The Gap, Inc. (NYSE:GPS) to report earnings on May, 17. They expect $0.46 EPS, up 27.78 % or $0.10 from last year’s $0.36 per share. GPS’s profit will be $179.09M for 16.60 P/E if the $0.46 EPS becomes a reality. After $0.61 actual EPS reported by The Gap, Inc. for the previous quarter, Wall Street now forecasts -24.59 % negative EPS growth.

The Gap, Inc. operates as an apparel retail firm worldwide. The company has market cap of $11.89 billion. It provides apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. It has a 14.27 P/E ratio. The companyÂ’s products include denim, tees, button-downs, khakis, and other products; and fitness and lifestyle products for use in yoga, training, and sports to women and girls.

The Gap, Inc. (NYSE:GPS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.