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Gildan Activewear (GIL) Stock Forecast & Price Target

$39.54
-0.10 (-0.25%)
(As of 07/17/2024 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

Based on 13 Wall Street analysts who have issued ratings for Gildan Activewear in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 4 have given a hold rating, and 9 have given a buy rating for GIL.

Consensus Price Target

$41.95
6.11% Upside
High Forecast$53.00
Average Forecast$41.95
Low Forecast$36.00

According to the 13 analysts' twelve-month price targets for Gildan Activewear, the average price target is $41.95. The highest price target for GIL is $53.00, while the lowest price target for GIL is $36.00. The average price target represents a forecasted upside of 6.11% from the current price of $39.54.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$41.95$41.95$41.25$39.50
Forecasted Upside6.11% Upside21.35% Upside19.19% Upside26.66% Upside
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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.
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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.
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Gildan Activewear Stock vs. The Competition

TypeGildan ActivewearConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.69
2.55
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside6.11% Upside4,183.51% Upside7.69% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/2/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetBuy ➝ Buy$42.00 ➝ $43.00+27.29%
4/8/2024Royal Bank of Canada
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$41.00+13.86%
3/20/2024TD Securities
4 of 5 stars
 Boost TargetBuy$42.00 ➝ $46.00+21.05%
2/23/2024Citigroup
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 Boost TargetBuy ➝ Buy$40.00 ➝ $44.00+23.84%
2/22/2024CIBC
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 Boost TargetOutperform$38.00 ➝ $41.00+15.82%
2/22/2024Stifel Nicolaus
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 Boost TargetHold$34.00 ➝ $36.00+1.69%
2/9/2024Scotiabank
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 Boost TargetSector Outperform ➝ Sector Outperform$39.50 ➝ $40.50+18.25%
1/5/2024UBS Group
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 DowngradeBuy ➝ Neutral$40.00 ➝ $37.00+15.12%
12/18/2023Stifel Canada
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M. Landry
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DowngradeBuy ➝ Hold
12/7/2023Edward Jones
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 DowngradeBuy ➝ Hold
11/3/2023BMO Capital Markets
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 Lower TargetOutperform$38.00 ➝ $37.00+11.71%
11/3/2023Desjardins
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 Boost TargetBuy$48.00 ➝ $53.00+60.02%
2/23/2023National Bank Financial
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 Boost TargetC$45.00 ➝ C$46.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 08:57 PM ET.

GIL Forecast - Frequently Asked Questions

What is Gildan Activewear's forecast for 2024?

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Gildan Activewear is $41.95, with a high forecast of $53.00 and a low forecast of $36.00.

Should I buy or sell Gildan Activewear stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GIL shares.

Does Gildan Activewear's stock price have much upside?

According to analysts, Gildan Activewear's stock has a predicted upside of 21.35% based on their 12-month stock forecasts.

What analysts cover Gildan Activewear?

Gildan Activewear has been rated by research analysts at Canaccord Genuity Group, and Canaccord Genuity Group in the past 90 days.

Do Wall Street analysts like Gildan Activewear more than its competitors?

Analysts like Gildan Activewear more than other "consumer discretionary" companies. The consensus rating score for Gildan Activewear is 2.69 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how GIL compares to other companies.


This page (NYSE:GIL) was last updated on 7/17/2024 by MarketBeat.com Staff

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