The shares of The Gap, Inc. (NYSE:GPS) has been pegged with a rating of Sell by Goldman in its latest research note that was published on January 22nd, 2019. The research company has also assigned a $23 price target. Goldman wasnâ€™t the only research firm that published a report of The Gap, Inc., with other equities research analysts also giving their opinion on the stock. Telsey Advisory Group advised investors in its research note published on November 21st, 2018, to Outperform the GPS stock while also putting a $34 price target. The stock had earned Neutral rating from B. Riley FBR when it published its report on November 21st, 2018. That day the B. Riley FBR set price target on the stock to $30. The stock was given Neutral rating by Goldman in its report released on October 26th, 2018, the day when the price target on the stock was placed at $28. Standpoint Research was of a view that GPS is Buy in its latest report on October 19th, 2018 while giving it a price target of $32. JP Morgan thinks that GPS is worth Underweight rating. This was contained in the firmâ€™s report on October 18th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 18 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $30.83. The price of the stock the last time has raised by 7.88% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 53.92.
The shares of the company added by 1.47% during the trading session on Monday, reaching a low of $25.67 while ending the day at $26.16. During the trading session, a total of 3.23 million shares were traded which represents a 39.93% incline from the average session volume which is 5.38M shares. GPS had ended its last session trading at 25.78. The Gap, Inc. currently has a market cap of $10.09B, while its P/E ratio stands at 9.76, while its P/E earnings growth sits at 0.61, with a beta of 0.53. The Gap, Inc. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 1.00. GPS 52-week low price stands at $24.25 while its 52-week high price is $34.21.
The company in its last quarterly report recorded $0.72 earnings per share which is above the $0.68 predicted by most analysts. The The Gap, Inc. generated $4,623.00 million in revenue during the last quarter, which is slightly lower than the $4,691.28 million predicted by analysts. In the second quarter last year, the firm recorded $0.69 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was up by 4.17%. The Gap, Inc. has the potential to record 2.68 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Berenberg published a research note on October 1st, 2018 where it informed investors and clients that Barclays PLC (NYSE:BCS) is now rated as Buy. Telsey Advisory Group also rated BCS as Reiterated on November 21st, 2018, with its price target of $34 suggesting that BCS could down by -0.34% from its current share price. Even though the stock has been trading at $8.67/share, analysts expect it to surge higher by 0.81% to reach $8.71/share. It started the day trading at $8.78 and traded between $8.71 and $8.74 throughout the trading session.
A look at its technical shows that BCSâ€™s 50-day SMA is 8.41 while its 200-day SMA stands at 8.82. The stock has a high of $12.55 for the year while the low is $7.07. The companyâ€™s P/E ratio currently sits at 14.28, while the P/B ratio is 0.46. At the moment, only of Barclays PLC shares were sold short. The companyâ€™s average trading volume currently stands at 3.20M shares, which means that the short-interest ratio is just 2.38 days. Over the past seven days, the company moved, with its shift of 3.55%. Looking further, the stock has raised 5.81% over the past 90 days while it lost 0.00% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. Eagle Capital Management LLC sold more BCS shares, decreasing its portfolio by -48.57% during the last quarter. This move now sees Eagle Capital Management LLC selling -21,927,482 shares in the last quarter, thus it now holds 23,218,021 shares of BCS, with a total valuation of $185,744,168. Dimensional Fund Advisors LP meanwhile bought more BCS shares in the recently filed quarter, changing its stake to $115,548,296 worth of shares. Northern Trust Investments Inc followed the path by decreasing its BCS portfolio by -16.43% in the quarter. This means that Northern Trust Investments Inc sold -1,080,124 shares in the last quarter and now controls 5,493,747 shares of the BCS stock, with the valuation hitting $43,949,976.
Similarly, T Rowe Price Associates Inc increased its Barclays PLC shares by +1.72% during the recently filed quarter. After buying 65,300 shares in the last quarter, the firm now controls 3,864,137 shares of Barclays PLC which are valued at $30,913,096. In the same vein, Causeway Capital Management LLC decreased its Barclays PLC shares by during the most recent reported quarter. The firm sold -555,039 shares during the quarter which decreased its stakes to 3,502,203 shares and is now valued at $28,017,624. Following these latest developments, around 12.00% of Barclays PLC stocks are owned by institutional investors and hedge funds.