Loading...
Loading...
BMO Capital Markets initiated coverage on Gildan Activewear
GIL with an Outperform rating and a $37 price target.
BMO Capital Markets noted, "With new manufacturing capacity coming online, Gildan is well positioned to leverage its competitive strengths (low-cost manufacturing, established supply chain and distribution, reputation for consistent quality) to pursue growth in both the Printwear (U.S. distributor channel growth, national accounts, international) and Branded Apparel segments (becoming a full-line supplier of basic family apparel, and growth with non-retailer consumer brands)."
Gildan Activewear closed at $32.13 on Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in