Gildan Activewear Inc (TSE:GIL) (NYSE:GIL) has earned a consensus rating of “Hold” from the ten research firms that are covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$39.21.
GIL has been the subject of several analyst reports. Stifel Nicolaus increased their price objective on Gildan Activewear from C$34.00 to C$37.00 in a research note on Friday, December 15th. BMO Capital Markets lowered their price objective on Gildan Activewear from C$34.00 to C$30.00 and set a “market perform” rating for the company in a research note on Friday, November 3rd. Finally, National Bank Financial increased their price objective on Gildan Activewear from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research note on Friday, November 3rd.
Shares of Gildan Activewear (GIL) opened at C$40.60 on Monday. The company has a market capitalization of $8,910.00, a P/E ratio of 19.33 and a beta of 0.37. Gildan Activewear has a 52 week low of C$30.97 and a 52 week high of C$42.18.
COPYRIGHT VIOLATION WARNING: This article was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this article on another site, it was illegally stolen and reposted in violation of US and international copyright law. The original version of this article can be read at https://www.com-unik.info/2018/01/15/gildan-activewear-inc-gil-receives-average-recommendation-of-hold-from-analysts.html.
Gildan Activewear Company Profile
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.
What are top analysts saying about Gildan Activewear? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Gildan Activewear and related companies.