Analysts who follow Gap Inc (GPS) on average expect it to gain 33.48% over the next twelve months. Those same analysts give the stock an average rating of Hold.
That average rating earns GPS an Analyst Ranking of 4, which means it ranks higher than 4 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating GPS a Hold today. Find out what this means to you and get the rest of the rankings on GPS!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Gap Inc Stock Today?
Gap Inc (GPS) stock is trading at $9.49 as of 3:53 PM on Friday, Jun 24, a rise of $0.80, or 9.15% from the previous closing price of $8.69. The stock has traded between $8.73 and $9.52 so far today. Volume today is less active than usual. So far 7,030,425 shares have traded compared to average volume of 12,295,535 shares.
Click Here to get the full Stock Report for Gap Inc stock.