Gildan Activewear reaches 20-day high amid sector rotation.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11 Dec 25
Source: WSJ
Gildan Activewear Inc saw a price increase of 4.05%, reaching a 20-day high. This movement occurs in a mixed market environment, with the Nasdaq-100 down 0.64% while the S&P 500 is slightly up by 0.02%.
The stock's rise is attributed to sector rotation, as investors are shifting their focus towards consumer goods companies despite the overall market's mixed performance. This trend indicates a selective interest in stocks that are perceived to have strong fundamentals or growth potential, such as Gildan Activewear.
As the market continues to fluctuate, Gildan's performance may reflect broader consumer trends and investor confidence in the apparel sector, suggesting potential for further gains if the sector remains in favor.
Analyst Views on GIL
Wall Street analysts forecast GIL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GIL is 72.87 USD with a low forecast of 63.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 65.730
Low
63.00
Averages
72.87
High
110.00
Current: 65.730
Low
63.00
Averages
72.87
High
110.00
About GIL
Gildan Activewear Inc. is a manufacturer of everyday basic apparel. Its product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters, or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan, Hanes, Comfort Colors, American Apparel, ALLPRO, GOLDTOE, Peds, Bali, Playtex, Maidenform, Bonds, as well as Champion which is under an exclusive licensing agreement for the printwear channel in the United States and Canada. It owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
