Canaccord Genuity Remains a Hold on Gildan Activewear (GIL)


Gildan Activewear (TSX: GIL), the Consumer Goods sector company, has received a rating update from a Wall Street analyst today. Analyst Derek Dley from Canaccord Genuity reiterated a Hold rating, with a C$32 price target.

According to TipRanks.com, Dley is ranked #377 out of 4839 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gildan Activewear with a C$36.75 average price target.

The company has a one-year high of C$42.18 and a one-year low of C$33.03. Currently, Gildan Activewear has an average volume of 705.3K.

Gildan Activewear, Inc. engages in the manufacture of family apparel, including T-shirts, fleece, sport shirts, socks, underwear, hosiery and shapewear. It operates through the combined Printwear and Branded Apparel segments. The Printwear segment designs, manufactures, sources, and distributes undecorated activewear products.

The company’s shares closed on Thursday at C$39.40.

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