TD Securities analyst Brian Morrison maintained a Buy rating on Gildan Activewear (NYSE:GIL) on Thursday, setting a price target of C$51.5, which is approximately 19.60% above the present share price of $35.14.
Morrison expects Gildan Activewear to post earnings per share (EPS) of $0.34 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Gildan Activewear, with an average price target of $38.27.
The analysts price targets range from a high of $42.03 to a low of $35.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $690.16 million and a net profit of $83.57 million. The company's market cap is $6.97 billion.
According to TipRanks.com, TD Securities analyst Brian Morrison is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.7% and a 63.78% 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.