Gildan Activewear – Consensus Indicates Potential 1.3% Upside

Broker Ratings

Gildan Activewear found using ticker (GIL) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 48 and 32 and has a mean target at 42.28. With the stocks previous close at 41.75 this now indicates there is a potential upside of 1.3%. The day 50 moving average is 38.63 and the 200 day MA is 35.53. The company has a market cap of $7,887m. You can visit the company’s website by visiting: http://gildancorp.com

Gildan Activewear Inc. manufactures and sells various apparel products in the United States, Canada, and internationally. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sport shirts under the Gildan, Gildan Performance, Gildan Hammer, Comfort Colors, American Apparel, Anvil by Gildan, Alstyle, Prim + Preux, and GoldToe brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks, as well as sheer panty hoses, tights, and leggings under the brands of Gildan, Under Armour, GoldToe, PowerSox, GT a GoldToe Brand, Silver Toe, Signature Gold by Goldtoe, Peds, MediPeds, Kushyfoot, Therapy Plus, All Pro, Secret, Silks, Secret Silky, and American Apparel. In addition, it provides men’s and boys’ underwear products, and ladies panties under the Gildan and Gildan Platinum brand names; and ladies’ shapewear, intimates, and accessories under the Secret and Secret Silky brands. The company sells its products to wholesale distributors, screen printers, or embellishers, as well as to retailers and consumer brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada.

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