Wall Street Is Optimistic About The Future Of Gap.

although

Inc. (NYSE:GPS) said the company sold its disappointing monthly (July) sales figures on Monday and triggered a sharp drop of more than 6% on Tuesday, but Wall Street is still optimistic about the US's largest.

Prospects for retailers.

A number of investment banks raised the target price of Gap Inc. Cape group on Tuesday.

其中，Deutsche Bank 德意志銀行將 Gap Inc. 蓋璞集團目標價由18 美元上調至19 美元，盡管該行仍維持其對Gap Inc. 蓋璞集團的“出售” 評級;Mizuho Bank 瑞穗銀行則大幅上調目標價至24 美元，此前價為17 美元，同時該行還將評級從“跑輸大市”上調至“中性”;Morgan Stanley 摩根士丹利亦將 Gap Inc. 蓋璞集團目標價由19 美元上調至20 美元，同時上調該公司評級至減持;而RBC Capital Markets 加拿大皇家銀行則上調Gap Inc. 蓋璞集團目標價由20 美元至23 美元，并維持與“同步大市”評級;Robert W. Baird 則維持Gap Inc. 蓋璞集團中性評級，但將目標價由23 美元上調至24 美元;SunTrust Robinson Humphrey 維持Gap Inc. 蓋璞集團中性評級，但將Gap Inc. 蓋璞集團目標價由21 美元上調至23 美元。

Around the week before July 30th, the Gap Inc. Cape Group recorded a revenue of 1 billion 100 million US dollars, down 1.8% from 1 billion 120 million US dollars in the same period last year. In the two quarter, the group's total revenue was 38.5 billion US dollars, down 1.3% from the 3 billion 900 million US dollars in the same period last year.

In June, the same store sales unexpectedly recorded a rise. In July, the sales of Gap Inc. Cape group resumed a fall of 4%.

Among them, the sales of Gap, Banana, and the same store recorded a decrease of 4%, while the Banana Republic Banana Republic, which crashed rapidly in the past two years, fell 14% in the same store and sustained double-digit decline.

Due to the Old Navy Old Navy's recovery in the doldrums, the Gap Inc. Cape group failed to achieve its performance in July.

Thomson Reuters expects to see a 0.3% decline in its same store sales in July.

However, the two quarter EPS of Gap Inc. is expected to be better than the market.

In the July sales report, Gap Inc. estimated that the earnings per share in the two quarter were US $0.30 US $-0.31, excluding the previous closing and streamlining of the 0.28 US dollars per share. The adjusted EPS in the two quarter is expected to be US $0.58 US dollars, which is better than the 0.48 us dollars in the market forecast period.

Due to the disappointing sales figures in July, the price of Gap Inc. (NYSE:GPS) Cape group fell more than 5% on Monday, and the market opened further down on Tuesday. It closed down 24.01 to $6.28% a day and plunged by 6.28%.