RBC Capital Sticks to Their Hold Rating for Gildan Activewear
RBC Capital analyst Sabahat Khan maintained a Hold rating on Gildan Activewear (NYSE:GIL) on Monday, setting a price target of $14, which is approximately 1.52% above the present share price of $13.79.
Khan expects Gildan Activewear to post earnings per share (EPS) of $0.00 for the second quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Gildan Activewear, with an average price target of $19.61.
The analysts price targets range from a high of $31 to a low of $10.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $459.1 million and a net profit of $32.6 million. The company's market cap is $2.73 billion.
According to TipRanks.com, RBC Capital analyst Sabahat Khan is a 1-star analyst with an average return of -4.4% and a 35.7% success rate.
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.
