Gildan Activewear Inc (GIL) Given “Outperform” Rating at Royal Bank Of Canada
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.
Receive News & Stock Ratings for Gildan Activewear Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gildan Activewear Inc and related stocks with our FREE daily email newsletter.