TSX:GIL - Post Discussion
Post by
retiredcf on Sep 12, 2022 11:24am
RBC
Cutting his forward estimates for Gildan Activewear Inc., RBC Dominion Securities’ Sabahat Khan reduced his target for its shares to US$47 from US$52 with an “outperform” rating. The average is US$42.43.
“Over the recent quarters, we have been encouraged by the cost-containment measures, FCF generation, and improving POS trends in the Activewear segment. In 2022 and beyond, we believe Gildan will exit the pandemic in a stronger competitive position and with a larger TAM,” he said.
Be the first to comment on this post