
TSE:GIL
This summary was created by AI, based on 4 opinions in the last 12 months.
Gildan Activewear Inc. (GIL-T) presents a mixed outlook among various experts. While some analysts highlight the recent downturn, noting a significant drop of 23% and a potential new downtrend, others see a long-term advantage due to the company's acquisition of Hanes, which is expected to benefit from Gildan's management prowess. The company's vertically integrated supply chain and domestic operations provide a competitive edge, allowing for optimized production and better pricing strategies that have expanded their margins amid broader market challenges. With a price target of $92.10 indicating a potential upside of 16%, Gildan is viewed by some as a defensive play, especially in a volatile market, suggesting that it remains an attractive option for investment despite the current price decline.
Got nervous about this when the price of cotton got beaten up. That has all settled down. Management has shown again that they are great management. Good product. Have the market on T-shirts nailed down and he thinks that is likely to continue. If you are a long-term investor, this will do okay, but wait for the market to settle down.
Just announced that they are looking to expanding some of their spinning facilities. They are always expanding their manufacturing facilities globally.