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The Gap (NYSE:GPS) has received an average rating of “Hold” from the twenty brokerages that are covering the stock, AnalystRatings.Net reports. Eleven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $41.24.

In other The Gap news, EVP John T. Keiser unloaded 25,000 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $42.50, for a total value of $1,062,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of The Gap (NYSE:GPS) traded up 0.43% on Friday, hitting $42.32. 273,976 shares of the company’s stock traded hands. The Gap has a 1-year low of $36.13 and a 1-year high of $44.59. The stock’s 50-day moving average is $40.76 and its 200-day moving average is $40.75. The company has a market cap of $18.651 billion and a P/E ratio of 16.13.

The Gap (NYSE:GPS) last released its earnings data on Thursday, May 22nd. The company reported $0.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.57 by $0.01. The company had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter in the prior year, the company posted $0.71 earnings per share. The company’s quarterly revenue was down 99.9% on a year-over-year basis. On average, analysts predict that The Gap will post $2.96 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on GPS shares. Analysts at Credit Suisse initiated coverage on shares of The Gap in a research note on Monday. They set a “neutral” rating and a $44.00 price target on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of The Gap from $51.00 to $50.00 in a research note on Friday, July 11th. They now have a “buy” rating on the stock. Finally, analysts at Sterne Agee cut their price target on shares of The Gap from $47.00 to $46.00 in a research note on Friday, July 11th.

The Gap, Inc (NYSE:GPS),is a global specialty apparel company.

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