Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Gap (GPS – Research Report) and Ultrapar Participacoes SA (UGP – Research Report).
Gap (GPS)
In a report released today, Brooke Roach from Goldman Sachs maintained a Hold rating on Gap, with a price target of $8.00. The company’s shares closed last Wednesday at $8.15, close to its 52-week low of $8.00.
According to TipRanks.com, Roach is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Gap with a $10.09 average price target, implying a 24.6% upside from current levels. In a report released yesterday, Wells Fargo also downgraded the stock to Hold with a $10.00 price target.
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Ultrapar Participacoes SA (UGP)
In a report released today, Bruno Amorim from Goldman Sachs maintained a Buy rating on Ultrapar Participacoes SA, with a price target of $3.10. The company’s shares closed last Wednesday at $2.27, close to its 52-week low of $2.14.
According to TipRanks.com, Amorim is a 4-star analyst with an average return of
Ultrapar Participacoes SA has an analyst consensus of Hold.
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