There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Gildan Activewear (GIL – Research Report) and CarMax (KMX – Research Report) with bullish sentiments.
Gildan Activewear (GIL)
RBC Capital analyst Tom Callaghan assigned a Buy rating to Gildan Activewear today and set a price target of $41.00. The company’s shares closed last Friday at $36.18.
According to TipRanks.com, Callaghan is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gildan Activewear with a $40.54 average price target, which is a 12.5% upside from current levels. In a report issued on April 2, Scotiabank also maintained a Buy rating on the stock with a $40.50 price target.
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Read More on GIL:
- Former Gildan CEO sought deals including Hanesbrands, Bloomberg says
- Gildan up 2% to $37.26 after Globe and Mail report on buyout offer deadline
- Gildan sets April 10 deadline for takeover offers, Globe and Mail says
- Gildan holder Browning West announces director candidates, ‘five-pillar plan’
- Gildan Activewear shareholder Turtle Creek sees company value at over $60/shr
