Gildan Activewear with ticker code (GIL) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 41 and 31 calculating the average target price we see 37.11. Now with the previous closing price of 32.88 this would indicate that there is a potential upside of 12.9%. The 50 day MA is 29.93 while the 200 day moving average is 29.69. The company has a market capitalisation of $5,915m. You can visit the company’s website by visiting: https://gildancorp.com
The potential market cap would be $6,676m based on the market concensus.
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Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Comfort Colors, American Apparel, Alstyle, and GoldToe brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks, as well as sheer pantyhose, tights, and leggings under the Gildan, Under Armour, GoldToe, PowerSox, Signature Gold by Goldtoe, Peds, MediPeds, Therapy Plus, All Pro, Secret, Silks, Secret Silky, and American Apparel brands. In addition, it provides men’s and boys’ underwear products, and ladies panties under the Gildan and Gildan Platinum brands; and ladies’ shapewear, intimates, and accessories under the Secret and Secret Silky brands. The company sells its products to wholesale distributors, screen printers, and embellishers, as well as to retailers and lifestyle 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.