Stephen Macleod analyst at BMO Capital reiterates coverage on Gildan Activewear (GIL) in the Consumer Goods sector with a Buy rating. TipRanks.com has Macleod rated as a 4.7 star analyst with a 58% return on investment and a 13% success rate. Macleod has set a price target of $ 51.
TipRanks.com reports that Gildan Activewear currently has 7 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $49.97. The target pricing ranges from a high forecast of $54.00 down to a low forecast of $42.88. Gildan Activewear (GIL)’s last closing price was $31.58 which would put the average price target at 58.23% upside.
In addition, TradingView issued a Sell rating for GIL over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on GIL.
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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