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Gildan Activewear, Inc. (GIL) [hlAlert]

Rating:
Neutral GIL

Gildan Activewear, Inc. (GIL) rated Neutral with price target $20 by Credit Suisse

Posted on: Friday,  Dec 11, 2009  9:25 AM ET by Credit Suisse

Gildan Activewear, Inc. (NYSE: GIL)
rated Neutral with price target $20 by Credit Suisse.

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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2009 9:25 AM Hold
None
11.08 10.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2009 8:25 AM Hold
None
4.22

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