Gildan Activewear (GIL) Gets a Hold from Stifel Nicolaus

In a report released today, Martin Landry from Stifel Nicolaus maintained a Hold rating on Gildan Activewear (GIL – Research Report), with a price target of $36.00. The company’s shares closed yesterday at $35.33.

According to TipRanks, Landry is ranked #401 out of 8728 analysts.

Currently, the analyst consensus on Gildan Activewear is a Strong Buy with an average price target of $40.36.

Based on Gildan Activewear’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $782.71 million and a net profit of $153.31 million. In comparison, last year the company earned a revenue of $720.02 million and had a net profit of $83.9 million

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Gildan Activewear (GIL) Company Description:

Gildan Activewear, Inc. engages in the manufacture and sale of printwear and branded apparel. Its products include activewear, underwear, socks, hosiery, and legwear. The firm operates under the brand name Gildan, American Apparel, Comfort Colors, Gold Toe, Anvil, Secret, Silks, Kushyfoot, Peds, and Mossy Oak. The company was founded by Glenn J. Chamandy and H. Gregory Chamandy on May 8, 1984 and is headquartered in Montréal, Canada.