The Public Sector Pension Investment Board significantly increased its stake in Gildan Activewear Inc. by 257.9%, now holding 49,176 shares valued at $2.84 million. This move comes as analysts maintain a positive outlook on GIL, with a consensus “Moderate Buy” rating and an average price target of $79, alongside several recent price target increases. Gildan’s shares are trading near their 52-week high, reflecting strong institutional ownership and a robust market capitalization.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Public Sector Pension Investment Board Increases Stock Position in Gildan Activewear, Inc. $GIL
The Public Sector Pension Investment Board significantly increased its stake in Gildan Activewear Inc. by 257.9%, now holding 49,176 shares valued at $2.84 million. This move comes as analysts maintain a positive outlook on GIL, with a consensus “Moderate Buy” rating and an average price target of $79, alongside several recent price target increases. Gildan’s shares are trading near their 52-week high, reflecting strong institutional ownership and a robust market capitalization.