Analysts Set Gildan Activewear Inc (GIL) Price Target at $39.50
Shares of Gildan Activewear Inc (TSE:GIL) (NYSE:GIL) have been assigned a consensus rating of “Hold” from the ten brokerages that are covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$39.50.
Several equities research analysts have recently commented on the stock. National Bank Financial upped their price target on shares of Gildan Activewear from C$42.00 to C$44.00 and gave the company a “sector perform” rating in a research report on Monday, January 22nd. BMO Capital Markets reduced their price target on shares of Gildan Activewear from C$34.00 to C$30.00 and set a “market perform” rating for the company in a research report on Friday, November 3rd. Finally, Stifel Nicolaus upped their price target on shares of Gildan Activewear from C$34.00 to C$37.00 in a research report on Friday, December 15th.
Shares of Gildan Activewear (TSE GIL) traded up C$0.49 during trading hours on Friday, reaching C$38.87. The company’s stock had a trading volume of 550,326 shares, compared to its average volume of 502,757. Gildan Activewear has a fifty-two week low of C$32.32 and a fifty-two week high of C$42.18. The stock has a market cap of $8,530.00, a price-to-earnings ratio of 18.42 and a beta of 0.39.
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About Gildan Activewear
Gildan Activewear Inc is a manufacturer and marketer of branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company operates through two segments: Printwear and Branded Apparel. The Printwear segment designs, manufactures, sources, markets, and distributes undecorated activewear products.
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