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Gildan Activewear, Inc. (GIL) [hlAlert]

Rating:
Neutral GIL
up 5.25 %

Gildan Activewear, Inc. (GIL) downgraded to Neutral with price target $31 by DA Davidson

Posted on: Monday,  Oct 26, 2015  8:25 AM ET by DA Davidson

DA Davidson rated Neutral Gildan Activewear, Inc. (NYSE: GIL) on 10/26/2015. Previously DA Davidson rated Buy Gildan Activewear, Inc. (NYSE: GIL) on
12/09/2013., when the stock price was $25.80. Since then, Gildan Activewear, Inc. has gained 5.25% as of 10/26/2015's recent price of $27.15.
If you would have followed the previous DA Davidson's recommendation on GIL, you would have gained 5.25% of your investment in 686 days.

Gildan Activewear Inc. (Gildan) is a marketer and manufacturer of activewear, socks and underwear. The Company is a supplier of activewear for the screenprint channel in the United States and Canada, and also a supplier for this market in Europe. The Company also sell socks and underwear, in addition to the activewear products, to mass-market and regional retailers in North America. In October 2007, the Company completed the acquisition of V.I. Prewett & Son, Inc. (Prewett). Prewett is also a manufacturer of basic family socks and supplies United States mass-market retailers.

By offering a full menu of integrated brokerage, capital markets, money management, trust and wealth management services, Davidson Companies has grown to become one of the nation’s leading regional financial services holding companies. Headquartered in Montana, the company has a reach that stretches across 16 states – and we continue to grow. More importantly, we continue to expand the variety and quality of products and services we provide our clients. We work to find more ways to bring you the best in integrated financial services. That’s our commitment to you. The Davidson Companies family includes: * D.A. Davidson & Co., the largest full-service investment firm based in the Northwest and a leader in investment banking and company research for the region; * Davidson Investment Advisors, a professional money management firm; * Davidson Trust Co., a wealth management and trust firm; * Davidson Fixed Income Management, a registered investment adviser providing fixed income services; * and Davidson Travel, a full-service travel agency. Welcome to Davidson Companies, offering excellence in financial services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2015 8:25 AM Hold
None
27.15 31.00
as of 8/27/2015
1 Week down  -2.44 %
1 Month down  -8.32 %
3 Months down  -6.30 %
1 YTD up  15.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/9/2013 8:25 AM Buy
None
25.80 30.00

(*) Stock Price at the time of the recommendation.
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