Wells Fargo Keeps a Hold Rating on Gap (GPS)

Wells Fargo analyst Ike Boruchow maintained a Hold rating on Gap (GPS) today and set a price target of $20.00. The company’s shares closed last Monday at $17.18, close to its 52-week low of $15.11.

According to TipRanks.com, Boruchow is a 1-star analyst with an average return of -0.9% and a 44.4% success rate. Boruchow covers the Services sector, focusing on stocks such as Capri Holdings Limited, Burlington Stores, and Urban Outfitters.

Currently, the analyst consensus on Gap is a Hold with an average price target of $20.10, which is a 17.0% upside from current levels. In a report issued on September 25, RBC Capital also maintained a Hold rating on the stock with a $19.00 price target.

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The company has a one-year high of $31.39 and a one-year low of $15.11. Currently, Gap has an average volume of 6.9M.

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Gap, Inc. operates as a global apparel retail company. It offers apparel, accessories, and personal care products for men, women and children. The company operates through segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Intermix.

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