Free Trial

Gildan Activewear (GIL) Stock Forecast & Price Target

Gildan Activewear logo
C$68.25
-1.04 (-1.50%)
(As of 05:19 PM ET)

Gildan Activewear - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
6

Based on 7 Wall Street analysts who have issued ratings for Gildan Activewear in the last 12 months, the stock has a consensus rating of "Buy." Out of the 7 analysts, 1 has given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for GIL.

Consensus Price Target

C$57.20
-16.19% Downside
According to the 7 analysts' twelve-month price targets for Gildan Activewear, the average price target is C$57.20. The highest price target for GIL is C$74.00, while the lowest price target for GIL is C$41.00. The average price target represents a forecasted downside of -16.19% from the current price of C$68.25.
Get the Latest News and Ratings for GIL and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Gildan Activewear and its competitors.

Sign Up

GIL Analyst Ratings Over Time

TypeCurrent Forecast
11/5/23 to 11/4/24
1 Month Ago
10/6/23 to 10/5/24
3 Months Ago
8/7/23 to 8/6/24
1 Year Ago
11/5/22 to 11/5/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$57.20C$54.00C$54.00C$43.83
Forecasted Upside-16.19% Downside-15.29% Downside-2.28% Downside-3.49% Downside
Consensus Rating
Buy
Buy
Buy
Buy

GIL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

GIL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Gildan Activewear Stock vs. The Competition

TypeGildan ActivewearConsumer Cyclical Companies
Consensus Rating Score
3.00
2.64
Consensus RatingBuyModerate Buy
News Sentiment Rating
Positive News

See Recent GIL News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024National Bankshares
1 of 5 stars
 Boost TargetOutperformC$68.00 ➝ C$74.00+6.74%
9/25/2024Citigroup
3 of 5 stars
 Boost TargetBuyC$44.00 ➝ C$54.00-14.50%
8/6/2024Desjardins
2 of 5 stars
 Boost TargetBuyC$63.00 ➝ C$67.00+16.93%
8/2/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Macleod
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
8/2/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuyC$46.00 ➝ C$50.00-11.21%
2/22/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$39.00 ➝ C$41.00-14.14%
12/18/2023Stifel Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Landry
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Hold
8/4/2023National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$48.00 ➝ C$46.00+11.08%
8/4/2023Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$38.00 ➝ C$35.00-15.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 06:53 PM ET.


GIL Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Gildan Activewear is C$57.20, with a high forecast of C$74.00 and a low forecast of C$41.00.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There is currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GIL shares.

According to analysts, Gildan Activewear's stock has a predicted downside of -16.19% based on their 12-month stock forecasts.

Gildan Activewear has been rated by research analysts at Citigroup, Desjardins, and National Bankshares in the past 90 days.

Analysts like Gildan Activewear more than other "consumer cyclical" companies. The consensus rating for Gildan Activewear is Buy while the average consensus rating for "consumer cyclical" companies is Moderate Buy. Learn more on how GIL compares to other companies.


This page (TSE:GIL) was last updated on 11/4/2024 by MarketBeat.com Staff
From Our Partners