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 德意志银行将 Gap Inc. 盖璞集团目标价由18 美元上调至19 美元，尽管该行仍维持其对Gap Inc. 盖璞集团的“出售” 评级;Mizuho Bank 瑞穗银行则大幅上调目标价至24 美元，此前价为17 美元，同时该行还将评级从“跑输大市”上调至“中性”;Morgan Stanley 摩根士丹利亦将 Gap Inc. 盖璞集团目标价由19 美元上调至20 美元，同时上调该公司评级至减持;而RBC Capital Markets 加拿大皇家银行则上调Gap Inc. 盖璞集团目标价由20 美元至23 美元，并维持与“同步大市”评级;Robert W. Baird 则维持Gap Inc. 盖璞集团中性评级，但将目标价由23 美元上调至24 美元;SunTrust Robinson Humphrey 维持Gap Inc. 盖璞集团中性评级，但将Gap Inc. 盖璞集团目标价由21 美元上调至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%.