Wall Street Analysts Predict a 36.1% Upside in Gap (GAP): Here's What You Should Know

Group 1 - Gap's shares have increased by 5.6% over the past four weeks, closing at $21.22, with a mean price target of$28.88 indicating a potential upside of 36.1% [1] - The average of 17 short-term price targets ranges from a low of $24 to a high of$35, with a standard deviation of $3.57, suggesting a potential increase of 13.1% to 64.9% from the current price [2] - Analysts show strong agreement in revising earnings estimates higher, with a 10.5% increase in the Zacks Consensus Estimate for the current year, indicating positive earnings prospects for Gap [10][11] Group 2 - Analysts' price targets can often mislead investors, as empirical research indicates that they rarely predict actual stock price movements accurately [6][9] - A low standard deviation in price targets suggests a high degree of agreement among analysts regarding the stock's price direction, which can serve as a starting point for further research [8] - Gap currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, reinforcing the stock's potential upside [12]