Several other analysts have also commented on the company. Scotiabank reiterated an outperform rating and set a C$39.00 price objective on shares of Gildan Activewear in a report on Tuesday, November 15th. Royal Bank Of Canada reiterated an outperform rating and set a C$44.50 price objective on shares of Gildan Activewear in a report on Monday, October 17th. Finally, National Bank Financial decreased their price objective on Gildan Activewear from C$43.00 to C$42.00 and set an outperform rating for the company in a report on Thursday, October 20th. Five research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and a consensus price target of C$39.00.
TD Securities set a C$32.00 target price on Gildan Activewear Inc (TSE:GIL) (NYSE:GIL) in a research report released on Monday morning. The firm currently has a buy rating on the stock.
Shares of Gildan Activewear (TSE:GIL) traded down 0.40% on Monday, reaching $32.69. The company’s stock had a trading volume of 157,204 shares. The company has a market cap of $7.58 billion and a price-to-earnings ratio of 22.96. The stock has a 50-day moving average of $33.25 and a 200 day moving average of $35.87. Gildan Activewear has a 52-week low of $30.97 and a 52-week high of $41.48.
About Gildan Activewear
Gildan Activewear Inc is a Canada-based manufacturer and marketer of branded basic family apparel. The Company’s segments include Printwear and Branded Apparel. It offers T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. It markets its products through approximately two main distribution channels.