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Gap, Inc. (the) (GPS) [hlAlert]

Rating:
Underweight
GPS
down 35.44 %

Gap, Inc. (the) (GPS) downgraded to Underweight with price target $22 by Barclays

Posted on: Thursday,  Oct 29, 2015  2:25 PM ET by Barclays

Barclays rated Underweight Gap, Inc. (NYSE: GPS) on 10/29/2015. Previously Barclays rated Overweight Gap, Inc. (NYSE: GPS) on 05/10/2013.,
when the stock price was $41.08. Since then, Gap, Inc. has lost 35.44% as of 10/29/2015's recent price of $26.52.
If you would have followed the previous Barclays's recommendation on GPS, you would have lost 35.44% of your investment in 902 days.

The Gap, Inc. is a global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Old Navy, Banana Republic, Piperlime and Athleta brands. The Company operates stores in the United States, Canada, the United Kingdom, France, Ireland and Japan. It also has franchise agreements with unaffiliated franchisees to operate Gap and Banana Republic stores in many other countries worldwide. Under these agreements, third parties operate or will operate stores that sell apparel, purchased from the Company, under its brand names. In addition, its United States customers may shop online at www.gap.com, www.oldnavy.com, www.bananarepublic.com, www.piperlime.com and www.athleta.com. On September 28, 2008, the Company acquired Athleta, Inc. (Athleta), a women?s sports and active apparel company.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2015 2:25 PM Sell
None
26.52 22.00
as of 8/27/2015
1 Week down  -2.04 %
1 Month down  -15.76 %
3 Months down  -13.60 %
1 YTD down  -15.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/10/2013 1:25 PM Buy
None
41.08 49.00
4/2/2013 12:25 PM Buy
None
35.77 45.00

(*) Stock Price at the time of the recommendation.
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