There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Gap Inc (GAP) and Shenzhou International Group Holdings (SZHIF) with bullish sentiments.
Gap Inc (GAP)
In a report issued on August 27, Brooke Roach from Goldman Sachs maintained a Buy rating on Gap Inc, with a price target of $27.00. The company’s shares closed last Friday at $23.48.
According to TipRanks.com, Roach is a 3-star analyst with an average return of 1.1% and a 48.2% success rate. Roach covers the NA sector, focusing on stocks such as Savers Value Village Inc., Canada Goose Holdings, and Lululemon Athletica.
Currently, the analyst consensus on Gap Inc is a Moderate Buy with an average price target of $27.91, which is a 13.1% upside from current levels. In a report issued on August 20, TipRanks – PerPlexity also upgraded the stock to Buy with a $23.00 price target.
