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Gildan Activewear, Inc. (GIL) [hlAlert]

down 86.58 %

Gildan Activewear, Inc. (GIL) downgraded to Underweight by BB&T Capital Mkts

Posted on: Thursday,  Feb 12, 2009  11:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Underweight Gildan Activewear, Inc. (NYSE: GIL) on 02/12/2009, when the stock price was $4.13.
Since then, Gildan Activewear, Inc. has gained 645.21% as of 01/15/2016's recent price of $30.74.
If you would have followed this BB&T Capital Mkts's recommendation on GIL, you would have lost 86.58% of your investment in 2528 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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2009 11:25 AM Sell
as of 12/31/2009
1 Week down  -13.92 %
1 Month down  -45.46 %
3 Months down  -42.29 %
1 YTD down  -240.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/30/2008 10:25 AM Hold
1/11/2008 8:25 AM Buy

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