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Enter Symbol:
 
Gildan Activewear, Inc. (GIL) [hlAlert]

Rating:
Market Weight
GIL
down 20.45 %

Gildan Activewear, Inc. (GIL) upgraded to Market Weight with price target $17 by Thomas Weisel

Posted on: Wednesday,  Dec 2, 2009  9:25 AM ET by Thomas Weisel

Thomas Weisel rated Market Weight Gildan Activewear, Inc. (NYSE: GIL) on 12/02/2009. Previously Thomas Weisel rated Underweight Gildan Activewear, Inc. (NYSE: GIL)
on 06/03/2009., when the stock price was $8.13. Since then, Gildan Activewear, Inc. has gained 25.71% as of 12/02/2009's recent price of $10.22.
If you would have followed the previous Thomas Weisel's recommendation on GIL, you would have lost 20.45% of your investment in 182 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.

At Thomas Weisel Partners, the role of Research is to contribute to our clients' decision process in ways that lead to better investment decisions. We cover the key growth sectors of the economy including Consumer, Energy, Financial Services, Healthcare, Internet, Media & Telecom, Metals & Mining and Technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2009 9:25 AM Hold
None
10.22 8.50
as of 12/31/2009
1 Week   
1 Month down  -5.96 %
3 Months down  -3.65 %
1 YTD down  -25.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2009 8:25 AM Sell
None
8.13 6.00

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