Royal Bank Of Canada reiterated their outperform rating on shares of Gildan Activewear Inc (TSE:GIL) in a report published on Monday. They currently have a C$44.50 price objective on the stock.

Several other analysts have also issued reports on the company. National Bank Financial upped their price objective on Gildan Activewear from C$43.00 to C$45.00 in a research note on Tuesday, July 19th. TD Securities restated a buy rating and issued a C$36.00 price objective on shares of Gildan Activewear in a research note on Thursday, July 7th. Scotiabank restated an outperform rating and issued a C$44.00 price objective on shares of Gildan Activewear in a research note on Tuesday, July 5th. Finally, Desjardins restated a buy rating and issued a C$43.00 price objective on shares of Gildan Activewear in a research note on Thursday, July 28th. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus target price of C$41.92.

Shares of Gildan Activewear (TSE:GIL) opened at 35.37 on Monday. The company has a 50-day moving average price of $37.11 and a 200 day moving average price of $38.31. Gildan Activewear has a 52 week low of $31.24 and a 52 week high of $42.44. The firm has a market cap of $8.20 billion and a price-to-earnings ratio of 24.61.

About Gildan Activewear

Gildan Activewear Inc is a manufacturer and marketer of branded basic family apparel. The Company’s segments include Printwear and Branded Apparel. It offers T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. It markets its products through approximately two main distribution channels.

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