Gildan Activewear found using ticker (GIL) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 48 and 32 with the average target price sitting at 42.28. Given that the stocks previous close was at 35.57 this would indicate that there is a potential upside of 18.9%. The day 50 moving average is 40.08 and the 200 day moving average is 38.23. The company has a market capitalisation of $6,762m. You can visit the company’s website by visiting: https://gildancorp.com
The potential market cap would be $8,037m based on the market concensus.
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Gildan Activewear 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 and changed its name to Gildan Activewear in March 1995. Gildan Activewear was founded in 1946 and is headquartered in Montreal, Canada.