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GPS $21.03

GPS target price
21.03
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The Gap Inc.
Type
Public
Traded as
  • NYSE: GPS
  • S&P 500 Component
Industry Retail
Founded
  • August 21, 1969; 48 years ago (1969-08-21)
  • San Francisco, California, U.S.
Founder
  • Donald Fisher
  • Doris F. Fisher
Headquarters San Francisco, California, U.S.
Number of locations
  • 3,727 (Q1 2016)
  • 2,406 (US, 2016)
Area served
Worldwide
Key people
  • Art Peck (CEO)
  • Bob Fisher (Chairman)
Products
  • Clothing
  • accessories
Revenue
  • Increase US$ 16.148 billion (2014)
  • Increase US$ 15.651 billion (2013)
Operating income
  • Increase US$ 2.149 billion (2014)
  • Increase US$ 1.942 billion (2013)
Net income
  • Increase US$ 1.28 billion (2014)
  • Increase US$ 1.135 billion (2013)
Total assets
  • Increase US$ 7.849 billion (2014)
  • Increase US$ 7.47 billion (2013)
Total equity
  • Increase US$ 3.062 billion (2014)
  • Increase US$ 2.894 billion (2013)
Number of employees
137,000 (May 2014)
Subsidiaries
  • Banana Republic
  • Old Navy
  • Athleta
  • Intermix
Website www.gapinc.com/content/gapinc/html.html

The Gap, Inc., commonly known as Gap Inc. or Gap, (stylized as GAP) is an American worldwide clothing and accessories retailer.

It was founded in 1969 by Donald Fisher and Doris F. Fisher and is headquartered in San Francisco, California. The company operates five primary divisions: Gap (the namesake banner), Banana Republic, Old Navy, Intermix, and Athleta. Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. As of September 2008, the company has approximately 135,000 employees and operates 3,727 stores worldwide, of which 2,406 are located in the U.S.

The Fisher family remains deeply involved in the company, collectively owning much of its stock. Donald Fisher served as Chairman of the Board until 2004, playing a role in the ouster of then-CEO Millard Drexler in 2002, and remained on the board until his death on September 27, 2009. Fisher's wife and their son, Robert J. Fisher, also serve on Gap's board of directors. Robert succeeded his father as chairman in 2004 and also served as CEO on an interim basis following the resignation of Paul Pressler in 2007, before being succeeded by Glenn K. Murphy up until 2014. On February 1, 2015, Art Peck took over as CEO of Gap Inc.

Donald and Doris Fisher, who had a difficult time finding jeans that fit, opened the first Gap store on Ocean Avenue in San Francisco on August 21, 1969; its merchandise consisted of Levi's and LP records. They had raised US$63,000 to open the store, and reached US$2 million in sales in the second full year of operation. In 1970, Gap opened its second store in San Jose, California; its back room serves as the company's first replenishment warehouse. In 1971, Gap established its corporate headquarters in Burlingame, California with four employees. By 1973, the company had over 25 locations and had expanded into the East Coast market with a store in the Echelon Mall in Voorhees, New Jersey. In 1974, Gap began to sell private-label merchandise.

In the 1990s, Gap assumed an upscale identity and revamped its inventory under the direction of Millard Drexler. However, Drexler was removed from his position after 19 years of service in 2002 after over-expansion, a 29-month slump in sales, and tensions with the Fisher family. Drexler refused to sign a non-compete agreement and eventually became CEO of J. Crew. One month after his departure, merchandise that he had ordered was responsible for a strong rebound in sales. Robert J. Fisher recruited Paul Pressler as the new CEO; he was credited with closing under-performing locations and paying off debt. However, his focus groups failed to recover the company's leadership in its market.

In 2007, Gap announced that it would "focus [its] efforts on recruiting a chief executive officer who has deep retailing and merchandising experience ideally in apparel, understands the creative process and can effectively execute strategies in large, complex environments while maintaining strong financial discipline". That January, Pressler resigned after two disappointing holiday sales seasons and was succeeded by Robert J. Fisher on an interim basis. He began working with the company in 1980 and joined the board in 1990, and would later assume several senior executive positions, including president of Banana Republic and the Gap units. The board's search committee was led by Adrian Bellamy, chairman of The Body Shop International and included founder Donald Fisher. On February 2, Marka Hansen, the former head of the Banana Republic division, replaced Cynthia Harriss as the leader of the Gap division. The executive president for marketing and merchandising Jack Calhoun became interim president of Banana Republic. In May, Old Navy laid off approximately 300 managers in lower volume locations to help streamline costs. That July, Glenn Murphy, previously CEO of Shoppers Drug Mart in Canada, was announced as the new CEO of Gap, Inc. New lead designers were also brought on board to help define a fashionable image, including Patrick Robinson for Gap Adult, Simon Kneen for Banana Republic, and Todd Oldham for Old Navy. Robinson was hired as chief designer in 2007, but was dismissed in May 2011 after sales failed to increase. However, he enjoyed commercial success in international markets. In 2007, Ethisphere Magazine chose Gap from among thousands of companies evaluated as one of 100 "World's Most Ethical Companies."

In October 2011, Gap Inc. announced plans to close 189 US stores, nearly 21 percent, by the end of 2013; however, it also plans to expand its presence in China. The company announced it would open its first stores in Brazil in the Fall of 2013.

In January 2015, Gap Inc announced plans to close their subsidiary Piperlime in order to focus on their core brands. The first and only Piperlime store, based in SoHo, New York City, closed in April.

Gap Inc. owns a trademark to its name, "Gap". The Gap's original trademark was a service mark for retail clothing store services. The application was filed with the United States Patent and Trademark Office on February 29, 1972, by The Gap Stores; registration was granted on October 10, 1972. The first use of the trademark was on August 23, 1969, and expanded to commercial usage on October 17, 1969. A second application was filed by Gap Stores, Inc. on September 12, 1974, this time for a trademark filed for shirts. The first usage for shirts and clothing products was on June 25, 1974. Trademark registration was granted on December 28, 1976. Both the service mark and trademark are registered and owned by Gap (Apparel), LLC of San Francisco, California.

On October 4, 2010, in an effort to establish a contemporary presence, Gap introduced a new logo. It was designed with the Helvetica font and reduced the prominence of the brand's iconic blue box. After much public outcry, the company reverted to its previous "blue box" logo on October 12, after less than a week in use. Marka Hansen, the executive who oversaw the logo change, resigned February 1, 2011.

1969–1986

1986–2016

October 4–11, 2010 (reverted due to strong dislike)

2016–present

Banana Republic, a small safari-themed clothing retailer, was purchased by Gap in 1983 and was rebranded as an upscale clothing retailer in the late 1980s. Old Navy was launched in 1994 as a value chain with a specialty flair. Forth & Towne, the company's fourth traditional retail concept, was launched on August 24, 2005, featuring apparel targeted toward women 35 years and older. On February 26, 2007, after an 18-month trial period, it was discontinued, and the 19 stores were closed. A fifth brand, the online clothing and accessories retailer Piperlime, was created in 2006; however, as of April 2015, the brand has been retired. A sixth brand, Athleta, a women's athletic wear line, was added in 2009. Intermix, a multi-brand fashion retailer founded in 1993, was acquired by Gap Inc. in 2012.

Gap's Sales by Division in Q1 2009

The Gap originally targeted the younger generation when it opened, with its name referring to the generation gap of the time. It originally sold everything that Levi Strauss & Co made in every style, size, and color, and organized the stock by size. The Gap was the first of many shops that carried only Levi's. In 1973, Gap started making their own jeans as a way to differentiate themselves from department stores. Gap's current marketing works to appeal to a broad demographic of customers, whereas Banana Republic presents a sophisticated image and Old Navy focuses "fun, fashion, and value" for families and younger customers. While the company has been criticized for blandness and uniformity in its selling environments, it maintains that it tailors its stores "to appeal to unique markets" by developing multiple formats and designs. The domain www.gap.com attracts over 18 million visitors annually, according to a 2008 Compete.com survey. The brand is being criticized in the UK because the merchandise that is offered to the UK customers cost double the prices (or even a direct $/£ swap) found in the United States. Gap also does not offer XXL or larger sizes in the UK stating the UK market does not require them in contrast to market leader NEXT who offer a variety of larger sizes in the UK.

Gap operates company-owned stores in the United States, Canada, the United Kingdom, France, Italy, Indonesia, Japan, China, Hong Kong, Taiwan, and Mexico as of May 2016; it also has franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, or Old Navy stores in 43 countries. As of May 2016, Gap Inc. operates 3,727 company-owned and franchise locations. In January 2008, Gap signed a deal with Marinopoulos Group to open Gap and Banana Republic stores in Greece, Romania, Bulgaria, Cyprus, and Croatia. In February 2009, Elbit Imaging, Ltd. secured a franchise to open and operate Gap and Banana Republic stores in Israel. In August 2010, the company opened its first store in Melbourne, Australia at Chadstone Shopping Centre. In September 2011, Komax opened the first Gap store in Chile, due to a franchise. In October 2011, the first GAP store opened in Warsaw, Poland, but shut it down and two other locations in Wrocław and Katowice in 2015. Gap now has a store in New Delhi, India which opened in May 2015. On 20 February 2016, Gap launched stores in Mumbai at Oberoi Mall and Infinity-2.

In May 2016, Gap Inc. announced it would shutter all Old Navy stores in Japan in response to poor Q1 performance for Old Navy and consistent losses across the organization.

In 2017, Gap closed all its stores in Israel.

In 2006, Gap took part in the Product Red campaign with the launch of a special RED collection, including a T-shirt manufactured in Lesotho from African cotton. The expanded Gap Product Red collection was released on October 13, 2006. 50 to 100 percent of the profits went to the Global Fund, depending on the item. The company continued the products into 2007, especially in the lead up to Valentine's Day, using slogans such as "Admi(RED)" and "Desi(RED)." National Labor Committee for Worker and Human Rights activists criticized Gap's partnerships because Gap has historically been accused of sweatshop-like conditions. Product Red has contributed over $45 million to the Global Fund, more than any other private donation received to date. Other launch partners included American Express, Apple Inc., Converse, Hallmark, Emporio Armani, and Motorola.

Reports from news outlets of sweatshop workers in Saipan not being paid for overtime work, being subjected to forced abortion, and being required to work in unsafe working conditions surfaced in 1999. In 2003, a class action lawsuit against Gap and 21 other companies was started; a settlement of 20 million dollars was reached.

In May 2006, adult and child employees of Western, a supplier in Jordan, were found to have worked up to 109 hours per week and to have gone six months without being paid. Some employees claimed they had been raped by managers. Most of these allegations were directed at Wal-Mart (who mostly ignored the claims), while Gap immediately looked into the matter to remedy the situation.

On October 28, 2007, BBC footage showed child labor in Indian Gap factories. The company denied knowledge of the happenings; it subsequently removed and destroyed the single piece of clothing in question, a smock blouse, from a British store. Gap promised to investigate breaches in its ethical policy.

Bangladeshi and international labor groups in 2011 put forth a detailed safety proposal which entailed the establishment of independent inspections of garment factories. The plan called for inspectors to have the power to close unsafe factories. The proposal entailed a legally binding contract between suppliers, customers and unions. At a meeting in 2011 in Dhaka, major European and North American retailers, including Gap, rejected the proposal. Further efforts by unions to advance the proposal after numerous and deadly factory fires have been rejected. After the 2013 Savar building collapse, Kohl's became a founding member of the Alliance for Bangladesh Worker Safety.

On February 19, 2014, Glenn Murphy, CEO of Gap Inc., announced Gap will raise the minimum wages for its 65,000 U.S. store employees.

The current leadership is:

As of the end of Q1 2016, Gap Inc. had 3,727 company-operated or franchised stores in operation across 52 countries and had the ability to ship to 214 countries. Stores in Brazil, Canada, China, France, Italy, Ireland, Japan, UK, and US (including Puerto Rico) are company-owned; those outside of these countries are owned and operated by franchises.

On November 14, 2002, the company made a merchandise inventory and accounts adjustment.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2023 2023-03-02 Future report Set alerts
Q2 2023 2022-08-25 0.18 0.18
Q1 2023 2022-05-26 -0.44 -0.44
Q4 2022 2022-03-03 -0.02 -0.02
Q3 2022 2021-11-23 0.27 0.27
Q2 2022 2021-08-26 0.70 0.70
Q1 2022 2021-05-27 0.48 0.48
Q4 2021 2021-03-04 0.28 0.28
Q3 2021 2020-11-24 0.25 0.25
Q2 2021 2020-08-27 -0.17 -0.17

Ratings

2016-07-10 Reiterated Rating Deutsche Bank AG Sell
2016-07-09 Reiterated Rating Jefferies Group Buy
2016-07-09 Reiterated Rating MKM Partners Hold
2016-07-09 Reiterated Rating Guggenheim Hold
2016-07-09 Reiterated Rating Cowen and Company Hold
2016-07-09 Reiterated Rating Royal Bank Of Canada Hold
2016-07-09 Reiterated Rating Wedbush Hold
2016-07-08 Reiterated Rating Nomura Neutral $18.00 to $22.00
2016-07-08 Reiterated Rating Stifel Nicolaus Positive
2016-07-07 Reiterated Rating BMO Capital Markets Market Perform $20.00
2016-07-06 Reiterated Rating FBR & Co Hold to Market Perform $22.00
2016-06-17 Upgrade Wolfe Research Market Perform to Outperform
2016-06-15 Reiterated Rating Wedbush Neutral $20.00
2016-06-07 Upgrade Standpoint Research Hold to Buy
2016-06-06 Boost Price Target Deutsche Bank Sell $16.00 to $17.00
2016-06-06 Boost Price Target Deutsche Bank AG Sell $16.00 to $17.00
2016-06-05 Reiterated Rating Credit Suisse Sell $21.00
2016-06-05 Reiterated Rating Credit Suisse Group AG Sell $21.00
2016-06-04 Reiterated Rating FBR & Co. Hold $22.00
2016-06-04 Reiterated Rating Jefferies Group Buy
2016-06-04 Reiterated Rating Stifel Nicolaus Hold
2016-06-04 Reiterated Rating Buckingham Research Hold $18.00
2016-06-04 Reiterated Rating FBR & Co Hold $22.00
2016-05-31 Boost Price Target Deutsche Bank Sell $16.00 to $17.00
2016-05-26 Downgrade Topeka Capital Markets Buy to Hold $22.00
2016-05-22 Reiterated Rating Cowen and Company Market Perform $21.00 to $20.00
2016-05-22 Reiterated Rating Telsey Advisory Group Hold
2016-05-22 Reiterated Rating FBR & Co. Hold
2016-05-22 Reiterated Rating Citigroup Inc. Hold
2016-05-22 Reiterated Rating Robert W. Baird Hold
2016-05-22 Reiterated Rating Credit Suisse Sell
2016-05-22 Reiterated Rating Deutsche Bank Sell
2016-05-20 Reiterated Rating Bank of America Sell
2016-05-20 Lower Price Target Jefferies Group Buy $28.00 to $26.00
2016-05-20 Lower Price Target Nomura Neutral $19.00 to $18.00
2016-05-20 Lower Price Target Citigroup Inc. Neutral $21.00 to $19.00
2016-05-20 Boost Price Target Wedbush Neutral $19.00 to $20.00
2016-05-20 Downgrade Stifel Nicolaus Buy to Hold $27.00 to $27.00
2016-05-20 Lower Price Target Telsey Advisory Group Market Perform $23.00 to $21.00
2016-05-20 Lower Price Target Mizuho Underperform $18.00 to $17.00
2016-05-20 Lower Price Target FBR & Co. Mkt Perform $27.00 to $22.00
2016-05-20 Reiterated Rating Bank of America Corp. Sell
2016-05-20 Lower Price Target Nomura Holdings Inc. Neutral $19.00 to $18.00
2016-05-13 Reiterated Rating Goldman Sachs Neutral $24.00 to $22.00
2016-05-13 Reiterated Rating Goldman Sachs Group Inc. Neutral $24.00 to $22.00
2016-05-10 Reiterated Rating Morgan Stanley Sell $26.00 to $20.00
2016-05-10 Reiterated Rating Deutsche Bank Sell $17.00
2016-05-10 Lower Price Target Wolfe Research Underperform $23.00 to $18.00
2016-05-10 Reiterated Rating Piper Jaffray Underweight $25.00 to $21.00
2016-05-10 Lower Price Target MKM Partners Neutral $25.00 to $21.00
2016-05-10 Lower Price Target Wedbush Neutral $25.00 to $19.00
2016-05-10 Lower Price Target Stifel Nicolaus Buy $35.00 to $28.00
2016-05-10 Lower Price Target RBC Capital Sector Perform $26.00 to $20.00
2016-05-10 Lower Price Target Telsey Advisory Group Market Perform $32.00 to $23.00
2016-05-10 Downgrade Topeka Capital Markets Buy to Hold $40.00 to $22.00
2016-05-10 Lower Price Target Mizuho Underperform $23.00 to $18.00
2016-05-10 Reiterated Rating Jefferies Group Buy
2016-05-10 Reiterated Rating Credit Suisse Sell $27.00 to $21.00
2016-05-10 Reiterated Rating Sanford C. Bernstein Market Perform $23.00 to $17.00
2016-05-10 Reiterated Rating FBR & Co. Market Perform $27.00
2016-05-10 Reiterated Rating Piper Jaffray Cos. Underweight $25.00 to $21.00
2016-05-10 Lower Price Target Royal Bank Of Canada Sector Perform $26.00 to $20.00
2016-04-26 Initiated Coverage Deutsche Bank Sell $21.00
2016-04-17 Reiterated Rating Oppenheimer Hold
2016-04-17 Reiterated Rating Oppenheimer Holdings Inc. Hold
2016-04-13 Reiterated Rating RBC Capital Hold
2016-04-11 Reiterated Rating Citigroup Inc. Hold $25.00
2016-04-10 Reiterated Rating Jefferies Group Buy
2016-04-09 Reiterated Rating Robert W. Baird Hold
2016-04-09 Reiterated Rating MKM Partners Hold $30.00 to $27.00
2016-04-09 Reiterated Rating Stifel Nicolaus Buy $35.00
2016-04-08 Lower Price Target MKM Partners Neutral $30.00 to $27.00
2016-04-06 Reiterated Rating FBR & Co. Hold
2016-04-04 Upgrade KeyBanc Sector Weight to Overweight $36.00
2016-04-04 Upgrade KeyCorp Sector Weight to Overweight $36.00
2016-03-16 Downgrade Morgan Stanley Equal Weight to Underweight $26.00
2016-03-14 Boost Price Target MKM Partners Neutral $25.00 to $30.00
2016-03-10 Boost Price Target Stifel Nicolaus Buy $30.00 to $35.00
2016-03-07 Reiterated Rating Cowen and Company Market Perform
2016-03-04 Reiterated Rating Stifel Nicolaus Buy $30.00 to $35.00
2016-02-27 Reiterated Rating FBR & Co. Hold $29.00 to $27.00
2016-02-26 Lower Price Target FBR & Co. Market Perform $29.00 to $27.00
2016-02-26 Boost Price Target Wedbush Neutral $25.00 to $26.00
2016-02-26 Lower Price Target Jefferies Group Buy $42.00 to $34.00
2016-02-10 Reiterated Rating FBR & Co. Market Perform $29.00
2016-02-09 Reiterated Rating Piper Jaffray Underweight $25.00 to $26.00
2016-02-05 Lower Price Target SunTrust $26.00 to $23.00
2016-02-05 Reiterated Rating RBC Capital Sector Perform $23.00 to $24.00
2016-02-05 Lower Price Target SunTrust Banks Inc. $26.00 to $23.00
2016-01-19 Lower Price Target Robert W. Baird $28.00 to $26.00
2016-01-11 Lower Price Target RBC Capital Sector Perform $26.00 to $23.00
2016-01-09 Reiterated Rating Piper Jaffray Sell
2016-01-09 Reiterated Rating MKM Partners Hold $27.00 to $25.00
2016-01-08 Reiterated Rating Bank of America Hold $25.00
2016-01-08 Lower Price Target MKM Partners Neutral $27.00 to $25.00
2016-01-08 Lower Price Target Piper Jaffray Underweight $26.00 to $25.00
2016-01-06 Reiterated Rating Buckingham Research Neutral $25.00 to $23.00
2016-01-05 Reiterated Rating FBR & Co. Market Perform $26.00
2015-12-28 Reiterated Rating Wedbush Neutral $27.00
2015-12-06 Reiterated Rating Wedbush Neutral $27.00
2015-12-04 Reiterated Rating Bank of America Hold $26.00
2015-12-04 Lower Price Target SunTrust Neutral $27.00 to $26.00
2015-12-04 Reiterated Rating Cantor Fitzgerald Neutral to Hold $27.00 to $26.00
2015-11-20 Lower Price Target SunTrust Neutral $29.00 to $27.00
2015-11-20 Lower Price Target JPMorgan Chase & Co. Underweight $20.00 to $19.00
2015-11-20 Lower Price Target Jefferies Group Buy $50.00 to $42.00
2015-11-20 Lower Price Target Credit Suisse Underperform $35.00 to $30.00
2015-11-20 Boost Price Target Wedbush Neutral $25.00 to $27.00
2015-11-20 Lower Price Target Stifel Nicolaus Buy $40.00 to $32.00
2015-11-20 Lower Price Target Telsey Advisory Group Market Perform $30.00 to $28.00
2015-11-20 Lower Price Target FBR & Co. Market Perform $28.00 to $26.00
2015-11-20 Lower Price Target Mizuho Underperform $26.00 to $23.00
2015-11-14 Lower Price Target Sanford C. Bernstein Market Perform $30.00 to $28.00
2015-11-12 Reiterated Rating Stifel Nicolaus Buy $40.00
2015-11-10 Lower Price Target Wedbush Neutral $27.00
2015-11-10 Lower Price Target Robert W. Baird Neutral $29.00 to $28.00
2015-11-02 Lower Price Target Susquehanna Positive $52.00 to $51.00
2015-11-02 Lower Price Target Sterne Agee CRT Neutral $44.00 to $42.00
2015-11-02 Boost Price Target Nomura $42.00 to $43.00
2015-11-02 Lower Price Target Robert W. Baird $30.00 to $29.00
2015-10-31 Reiterated Rating Oppenheimer Hold
2015-10-30 Lower Price Target Oppenheimer Market Perform $39.00 to $28.00
2015-10-29 Initiated Coverage Barclays Underweight $22.00
2015-10-29 Initiated Coverage Barclays PLC Underweight $22.00
2015-10-22 Initiated Coverage Wells Fargo Market Perform
2015-10-22 Initiated Coverage Wells Fargo & Co. Market Perform
2015-10-21 Reiterated Rating Stifel Nicolaus Buy
2015-10-10 Reiterated Rating FBR & Co. Hold
2015-10-10 Reiterated Rating Telsey Advisory Group Hold
2015-10-09 Reiterated Rating Piper Jaffray Underweight $28.00 to $26.00
2015-10-09 Reiterated Rating Stifel Nicolaus Buy $40.00
2015-10-09 Lower Price Target SunTrust Neutral $33.00 to $29.00
2015-10-09 Lower Price Target Robert W. Baird $34.00 to $30.00
2015-10-09 Lower Price Target JPMorgan Chase & Co. Underweight $29.00 to $20.00
2015-10-09 Lower Price Target Wolfe Research Underperform $32.00 to $26.00
2015-10-09 Lower Price Target FBR & Co. Market Perform $35.00 to $28.00
2015-10-09 Downgrade MKM Partners Buy to Hold $40.00 to $29.00
2015-10-09 Lower Price Target RBC Capital Sector Perform $38.00 to $30.00
2015-10-09 Lower Price Target Topeka Capital Markets Buy $50.00 to $40.00
2015-10-09 Lower Price Target Telsey Advisory Group Market Perform $34.00 to $30.00
2015-10-07 Initiated Coverage Citigroup Inc. Neutral $30.00
2015-10-02 Reiterated Rating KeyBanc Equal Weight
2015-10-02 Reiterated Rating MKM Partners Buy $40.00
2015-10-02 Lower Price Target SunTrust Neutral $34.00 to $33.00
2015-10-02 Lower Price Target Robert W. Baird Neutral $38.00 to $34.00
2015-10-02 Lower Price Target Cowen and Company Market Perform $43.00 to $34.00
2015-10-02 Lower Price Target Sanford C. Bernstein Market Perform $43.00 to $32.00
2015-10-01 Downgrade S&P Equity Research Hold
2015-10-01 Reiterated Rating Telsey Advisory Group Hold
2015-10-01 Reiterated Rating Wedbush Neutral $39.00 to $31.00
2015-09-30 Reiterated Rating Cantor Fitzgerald Hold $35.00 to $29.00
2015-09-30 Lower Price Target Bank of America Underperform $32.00 to $28.00
2015-09-30 Lower Price Target Telsey Advisory Group Market Perform $41.00 to $34.00
2015-09-30 Downgrade Piper Jaffray Neutral to Underweight $34.00 to $28.00
2015-09-30 Downgrade Mizuho Neutral to Underperform $35.00 to $26.00
2015-09-30 Reiterated Rating Stifel Nicolaus Buy $40.00
2015-09-17 Initiated Coverage MKM Partners Buy $40.00 to $40.00
2015-09-05 Reiterated Rating Stifel Nicolaus Buy $40.00
2015-09-04 Lower Price Target SunTrust Neutral $38.00 to $34.00
2015-09-04 Reiterated Rating Cantor Fitzgerald Hold $36.00 to $35.00
2015-09-01 Reiterated Rating FBR & Co. Market Perform
2015-08-24 Reiterated Rating FBR & Co. Hold
2015-08-24 Reiterated Rating S&P Equity Research Buy $38.00
2015-08-24 Lower Price Target Mizuho Neutral $38.00 to $35.00
2015-08-21 Reiterated Rating Piper Jaffray Neutral $33.00 to $34.00
2015-08-21 Lower Price Target Credit Suisse Underperform to Neutral $38.00 to $35.00
2015-08-21 Reiterated Rating Wedbush Neutral $38.00 to $39.00
2015-08-21 Lower Price Target Robert W. Baird Neutral $39.00 to $38.00
2015-08-21 Lower Price Target SunTrust Neutral $39.00 to $38.00
2015-08-21 Reiterated Rating Cantor Fitzgerald Hold $36.00
2015-08-21 Lower Price Target Stifel Nicolaus Buy $48.00 to $40.00
2015-08-21 Lower Price Target RBC Capital Sector Perform $43.00 to $38.00
2015-08-21 Lower Price Target FBR & Co. Market Perform $36.00 to $35.00
2015-08-18 Reiterated Rating Mizuho Neutral $38.00 to $35.00
2015-08-17 Initiated Coverage Wolfe Research Underperform $30.00
2015-08-12 Lower Price Target Susquehanna Positive $48.00 to $47.00
2015-08-12 Lower Price Target Robert W. Baird Neutral $42.00 to $39.00
2015-08-12 Lower Price Target Nomura Neutral $35.00
2015-08-12 Lower Price Target FBR & Co. Market Perform to Market Perform $40.00 to $36.00
2015-08-11 Reiterated Rating Cowen and Company Market Perform $46.00 to $43.00
2015-08-11 Reiterated Rating Stifel Nicolaus Buy $48.00
2015-08-11 Reiterated Rating Piper Jaffray Neutral $38.00 to $33.00
2015-08-11 Downgrade Cantor Fitzgerald Hold $36.00
2015-08-11 Reiterated Rating Mizuho Neutral $43.00 to $38.00
2015-08-10 Downgrade JPMorgan Chase & Co. Neutral to Underweight $40.00 to $29.00
2015-08-04 Lower Price Target Buckingham Research Neutral $37.00 to $33.00
2015-08-04 Lower Price Target Piper Jaffray $40.00 to $38.00
2015-07-10 Reiterated Rating Stifel Nicolaus Buy $48.00
2015-07-10 Reiterated Rating Cantor Fitzgerald Hold $39.00
2015-07-10 Initiated Coverage Tigress Financial Neutral
2015-06-25 Initiated Coverage BBVA Hold
2015-06-25 Initiated Coverage BB&T Corp. Hold
2015-06-18 Reiterated Rating Cantor Fitzgerald Hold $42.00
2015-06-18 Reiterated Rating Jefferies Group Buy $50.00
2015-06-18 Reiterated Rating FBR & Co. Market Perform
2015-06-06 Reiterated Rating Janney Montgomery Scott Neutral $40.00
2015-05-26 Reiterated Rating Credit Suisse Underperform $34.00
2015-05-26 Reiterated Rating Mizuho Neutral $43.00
2015-05-24 Reiterated Rating Robert W. Baird Neutral $45.00 to $42.00
2015-05-23 Reiterated Rating Wedbush Neutral $41.00 to $42.00
2015-05-23 Reiterated Rating JPMorgan Chase & Co. Neutral $40.00
2015-05-23 Reiterated Rating Topeka Capital Markets Buy $50.00
2015-05-23 Reiterated Rating Guggenheim Neutral
2015-05-23 Reiterated Rating Stifel Nicolaus Buy $48.00
2015-05-22 Reiterated Rating KeyBanc Equal Weight
2015-05-22 Reiterated Rating Cantor Fitzgerald Hold $44.00 to $42.00
2015-05-22 Reiterated Rating Janney Montgomery Scott Neutral $43.00 to $40.00
2015-05-12 Reiterated Rating Wedbush Neutral $45.00 to $41.00
2015-05-12 Reiterated Rating Sterne Agee CRT Neutral $41.00 to $38.00
2015-05-12 Reiterated Rating Credit Suisse Underperform $35.00 to $34.00
2015-05-12 Lower Price Target Cantor Fitzgerald Hold $47.00 to $44.00
2015-05-12 Reiterated Rating Oppenheimer Market Perform $39.00
2015-05-12 Reiterated Rating Stifel Nicolaus Buy $48.00
2015-05-12 Reiterated Rating Mizuho Neutral $46.00 to $43.00
2015-05-12 Downgrade FBR & Co. Outperform to Market Perform $48.00 to $40.00
2015-05-09 Reiterated Rating JPMorgan Chase & Co. Neutral $44.00 to $40.00
2015-05-04 Initiated Coverage RBC Capital Sector Perform $45.00
2015-04-27 Lower Price Target Susquehanna Positive $50.00 to $48.00
2015-04-20 Initiated Coverage Cantor Fitzgerald Hold $47.00
2015-04-10 Initiated Coverage Mizuho Neutral $43.00 to $46.00
2015-04-06 Reiterated Rating Oppenheimer Market Perform $39.00
2015-03-18 Reiterated Rating Oppenheimer Market Perform $39.00
2015-03-03 Upgrade FBR & Co. Market Perform to Outperform $39.00 to $48.00
2015-02-13 Downgrade Credit Suisse Neutral to Underperform $40.00 to $37.00
2015-02-10 Downgrade Mizuho Buy to Neutral $45.00 to $43.00
2015-02-09 Lower Price Target Canaccord Genuity Buy C$2.75 to C$2.25
2015-02-03 Initiated Coverage Guggenheim Neutral
2015-01-16 Downgrade Atlantic Securities Overweight to Neutral $43.00 to $35.00
2015-01-15 Initiated Coverage Sanford C. Bernstein Market Perform
2015-01-13 Reiterated Rating Canaccord Genuity Buy $47.00
2015-01-12 Downgrade Cantor Fitzgerald Buy to Sell C$3.00 to C$1.15
2015-01-05 Upgrade Susquehanna Neutral to Positive $37.00 to $52.00
2015-01-05 Upgrade Jefferies Group Hold to Buy $40.00 to $50.00
2014-12-17 Lower Price Target Paradigm Capital Buy C$2.75 to C$2.25
2014-12-17 Lower Price Target Canaccord Genuity Buy C$3.00 to C$2.75
2014-12-16 Initiated Coverage Cowen and Company Market Perform $46.00
2014-11-24 Reiterated Rating Morningstar Standard
2014-11-24 Reiterated Rating Morningstar Inc. Standard
2014-11-21 Lower Price Target Mizuho Buy $47.00 to $45.00
2014-11-21 Reiterated Janney Neutral $39 to $38
2014-11-21 Boost Price Target Wedbush Neutral $37.00 to $38.00
2014-11-21 Lower Price Target Janney Montgomery Scott Neutral $39.00 to $38.00
2014-11-21 Lower Price Target Canaccord Genuity Buy $51.00 to $47.00
2014-11-07 Boost Price Target Canaccord Genuity Buy $49.00 to $51.00
2014-10-28 Lower Price Target Paradigm Capital Buy C$3.00 to C$2.75
2014-10-27 Reiterated Janney Neutral $41 to $37
2014-10-27 Lower Price Target Janney Montgomery Scott Neutral $41.00 to $37.00
2014-10-13 Reiterated Rating Topeka Capital Markets Buy
2014-10-10 Downgrade Janney Buy to Neutral
2014-10-10 Lower Price Target RBC Capital Sector Perform $41.00 to $38.00
2014-10-10 Reiterated Rating Wedbush Neutral $45.00 to $38.00
2014-10-09 Reiterated UBS Buy $50 to $48
2014-10-09 Lower Price Target Telsey Advisory Group Outperform to Market Perform $50.00 to $44.00
2014-10-09 Lower Price Target Mizuho Buy $50.00 to $48.00
2014-10-09 Reiterated FBR Capital Mkt Perform $41 to $39
2014-10-09 Lower Price Target Canaccord Genuity Buy $50.00 to $49.00
2014-10-09 Downgrade Janney Buy to Neutral $50 to $41
2014-10-09 Reiterated Rating Nomura Neutral $50.00 to $43.00
2014-10-09 Reiterated Rating Buckingham Research Neutral $46.00 to $38.00
2014-10-09 Reiterated Rating Bank of America Underperform $42.00 to $38.00
2014-10-09 Downgrade Sterne Agee CRT Buy to Neutral $52.00 to $40.00
2014-10-09 Downgrade Wells Fargo & Co. Outperform to Market Perform
2014-10-09 Lower Price Target FBR & Co. Market Perform $41.00 to $39.00
2014-10-09 Downgrade Janney Montgomery Scott Buy to Neutral $50.00 to $41.00
2014-10-09 Downgrade Wells Fargo Outperform to Market Perform
2014-09-18 Reiterated Rating Telsey Advisory Group Outperform $50.00
2014-09-17 Initiated Coverage Piper Jaffray Neutral
2014-09-08 Downgrade Bank of America Neutral to Underperform $42.00 to $45.00
2014-09-05 Downgrade Buckingham Research Buy to Neutral $46.00
2014-09-04 Reiterated Rating Stifel Nicolaus Buy
2014-08-26 Boost Price Target Cowen and Company $41.00 to $48.00
2014-08-22 Upgrade Janney Neutral to Buy
2014-08-22 Boost Price Target Mizuho Buy $48.00 to $50.00
2014-08-22 Boost Price Target Telsey Advisory Group Not Rated $48.00 to $50.00
2014-08-22 Boost Price Target Canaccord Genuity Neutral to Buy $48.00 to $50.00
2014-08-22 Upgrade Janney Montgomery Scott Neutral to Buy $43.00 to $51.00
2014-08-11 Initiated Coverage Credit Suisse Neutral $44.00
2014-07-11 Lower Price Target Canaccord Genuity Buy $51.00 to $50.00
2014-07-11 Lower Price Target Sterne Agee CRT $47.00 to $46.00
2014-06-17 Upgrade Canaccord Genuity Hold to Buy $47.00 to $51.00
2014-06-04 Initiated Coverage Wedbush Neutral $44.00
2014-05-09 Boost Price Target Canaccord Genuity Hold $45.00 to $47.00
2014-04-11 Downgrade Janney Buy to Neutral $41
2014-04-11 Lower Price Target Telsey Advisory Group Not Rated $50.00 to $46.00
2014-04-11 Downgrade Canaccord Genuity Buy to Neutral
2014-04-11 Reiterated Rating Bank of America Neutral $45.00 to $43.00
2014-04-11 Downgrade Janney Montgomery Scott Buy to Neutral $50.00 to $41.00
2014-02-28 Reiterated Rating Janney Montgomery Scott Buy $50.00
2014-02-28 Upgrade Atlantic Securities Underweight to Neutral $34.00 to $43.00
2014-02-28 Boost Price Target Mizuho Buy $46.00 to $48.00
2014-02-27 Boost Price Target Canaccord Genuity Hold $44.00 to $45.00
2014-02-07 Lower Price Target Paradigm Capital $3.75 to $3.50
2014-02-07 Reiterated Rating Nomura Buy $40.00 to $44.00
2014-02-07 Boost Price Target Sterne Agee CRT $44.00 to $48.00
2014-02-07 Reiterated Rating Janney Montgomery Scott Fair Value $46.00 to $48.00
2014-01-29 Initiated Coverage Buckingham Research Accumulate to Buy $51.00
2014-01-21 Upgrade Sterne Agee CRT Underperform to Buy $38.00 to $44.00
2014-01-07 Boost Price Target FBR & Co. Market Perform $38.00 to $41.00
2013-12-06 Downgrade Jefferies Group Buy to Hold $51.00 to $40.00
2013-11-27 Downgrade Argus Buy to Hold
2013-11-22 Reiterated Rating Nomura Neutral $40.00
2013-11-22 Boost Price Target Sterne Agee CRT $36.00 to $38.00
2013-11-22 Lower Price Target Susquehanna $42.00 to $41.00
2013-11-22 Lower Price Target Canaccord Genuity $45.00 to $43.00
2013-11-22 Lower Price Target Evercore ISI $45.00 to $40.00
2013-11-22 Lower Price Target Telsey Advisory Group Not Rated $52.00 to $50.00
2013-11-15 Boost Price Target Jefferies Group $50.00 to $51.00
2013-11-15 Initiated Coverage Mizuho Buy
2013-11-11 Boost Price Target Janney Montgomery Scott $43.00 to $48.00
2013-11-08 Boost Price Target Susquehanna Neutral $40.00 to $42.00
2013-11-08 Reiterated Rating Jefferies Group Buy $50.00
2013-11-08 Boost Price Target Canaccord Genuity Buy $44.00 to $45.00
2013-11-04 Downgrade Goldman Sachs Buy to Neutral $42.00 to $40.00
2013-10-31 Lower Price Target Jefferies Group Buy $56.00 to $50.00
2013-10-28 Lower Price Target Susquehanna Neutral $46.00 to $40.00
2013-10-24 Downgrade FBR & Co. Outperform to Market Perform $35.00
2013-10-22 Downgrade BMO Capital Markets Outperform to Market Perform $50.00 to $35.00
2013-10-11 Reiterated Janney Buy $51 to $43
2013-10-11 Lower Price Target Sterne Agee CRT Underperform $38.00 to $36.00
2013-10-11 Reiterated Rating Nomura Neutral $42.00 to $40.00
2013-10-11 Reiterated Rating Goldman Sachs Buy
2013-10-11 Lower Price Target Janney Montgomery Scott Buy $51.00 to $43.00
2016-07-10 Reiterated Rating Deutsche Bank AG Sell
2016-07-09 Reiterated Rating Jefferies Group Buy
2016-07-09 Reiterated Rating MKM Partners Hold
2016-07-09 Reiterated Rating Guggenheim Hold
2016-07-09 Reiterated Rating Cowen and Company Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
FISHER WILLIAM SYDNEY 2.61%  (11360396) GPS /
FISHER ROBERT J 1.92%  (8352097) GPS /
FISHER JOHN J 0.36%  (1581500) GPS /
Murphy Glenn Chairman & CEO 0.05%  (210064) GPS / LULU /
Sunnucks Stephen Global President, Gap 0.05%  (208127) GPS /
PECK ARTHUR L President, GID 0.05%  (204898) GPS /
BANKS MICHELLE EVP & General Counsel 0.02%  (108016) GPS /
SHATTUCK MAYO A III 0.02%  (89888) COF / EXC / GPS /
Keiser John T. CIO 0.01%  (45862) GPS / ZEN /
MARTIN BOB L 0.01%  (42023) CONN / GPS /
BELLAMY ADRIAN D P 0.01%  (37384) GPS / WSM /
DE SOLE DOMENICO 0.01%  (35754) BID / GPS / NWL /
Syngal Sonia EVP, Global Supply Chain 0.01%  (35657) GPS /
Montoya Jorge P 0.01%  (30927) GPS / KR /
Silten Roberta EVP, Talent & Sustainability 0.01%  (29094) GPS /
List Teri L. EVP CFO 0.01%  (25000) DHR / DKS / GPS / KRFT / MSFT /
DiGrande Sebastian EVP Strategy & CCO 0.01%  (25000) GPS /
Larsson Stefan Global President, Old Navy 0.01%  (23910) GPS / RL /