Gildan Activewear Inc (GIL) Given “Outperform” Rating at Royal Bank Of Canada
Royal Bank Of Canada restated their outperform rating on shares of Gildan Activewear Inc (TSE:GIL) in a report published on Monday, StockTargetPrices.com reports. The brokerage currently has a C$44.50 price objective on the stock.
Other equities analysts also recently issued research reports about the company. Scotiabank restated an outperform rating and issued a C$44.00 target price on shares of Gildan Activewear in a research note on Thursday, July 28th. National Bank Financial boosted their target price on Gildan Activewear from C$43.00 to C$45.00 in a research note on Tuesday, July 19th. Desjardins restated a buy rating on shares of Gildan Activewear in a research note on Thursday, July 7th. Finally, TD Securities restated a buy rating and issued a C$36.00 target price on shares of Gildan Activewear in a research note on Thursday, July 7th. Five research analysts have rated the stock with a buy rating, Gildan Activewear presently has an average rating of Buy and a consensus target price of C$41.92.
Shares of Gildan Activewear (TSE:GIL) opened at 35.37 on Monday. Gildan Activewear has a 12 month low of $31.24 and a 12 month high of $42.44. The firm has a market cap of $8.20 billion and a P/E ratio of 24.61. The company’s 50-day moving average price is $37.11 and its 200-day moving average price is $38.31.
Gildan Activewear Company Profile
Gildan Activewear Inc is a 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.
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