Gildan Activewear (GIL) Receives Analyst Rating

Gildan Activewear (GIL) : The consensus on Gildan Activewear (GIL) based on 13 analyst recommendation on the company stock is 1.54, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Gildan Activewear (GIL) : 11 Wall Street analysts covering Gildan Activewear (GIL) believe that the average level the stock could reach for the short term is $34.37. The maximum price target given is $44 and the minimum target for short term is around $30, hence the standard deviation is calculated at $3.52.


Gildan Activewear (NYSE:GIL): The stock opened in the green at $27.8 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $28.16 and a low of $27.8 for the day. The stock did not find buyers even at the lows and closed at $27.95 recording a loss of -0.07%. 621,030 shares exchanged hands during the trading day. The stock had closed at $27.97 in the previous days trading.

Gildan Activewear Inc. (Gildan) supplies branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company markets its products under a diversified portfolio of Company-owned brands, including the Gildan, Gold Toe, Anvil brands and brand extensions, Secret, Silks, Therapy Plus and Kushyfoo, as well as under licensing arrangements for the Under Armour, Mossy Oak and New Balance brands. It operates in two segments, Printwear and Branded Apparel. The Company owns and operates manufacturing facilities which are primarily located in Central America and the Caribbean Basin. The Company manufactures and sells apparel products in the United States, Canada, Europe, and the Asia-Pacific region.

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