Scotiabank Raises Gildan Activewear (GIL) PT to $72 Following Hanesbrands Deal

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Maham Fatima

Fri, February 6, 2026 astatine 9:34 AM CST 2 min read

Gildan Activewear Inc. (NYSE:GIL) is 1 of the most undervalued Canadian stocks to bargain according to hedge funds. On February 3, Scotiabank accrued its terms people for Gildan Activewear to $72 from $66 portion maintaining an Outperform rating. The steadfast is updating its estimates for the institution successful anticipation of Q4 2025 results to relationship for the finalized woody with Hanesbrands. The steadfast remains constructive connected Gildan, highlighting the company’s coagulated positioning wrong the apparel industry.

On January 27, TD Securities expert Brian Morrison accrued the firm’s terms people for Gildan Activewear to $77 from $74 with a Buy standing arsenic portion of a Q4 2025 preview. The steadfast suggests that providing details connected the Hanesbrands integration strategy should enactment capitalist assurance regarding Gildan’s capableness to seizure marketplace stock and recognize synergies.

Scotiabank Raises Gildan Activewear (GIL) PT to $72 Following Hanesbrands Deal

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On the aforesaid day, BMO Capital raised its terms people for Gildan Activewear to $78 from $70 with an Outperform rating. Following the Impressions Expo, the steadfast expressed assurance successful Gildan’s capableness to utilize its low-cost, vertically integrated manufacturing exemplary to foster wholesale growth. This strategy is expected to assistance the institution aggressively seizure marketplace stock portion sustaining higher margins.

Gildan Activewear Inc. (NYSE:GIL) manufactures and sells assorted apparel products. The institution provides assorted activewear products and besides offers hosiery products nether Gildan, GoldToe, Signature Gold by GoldToe, GoldToe Edition, Peds, MediPeds, All Pro, and Powersox brands.

While we admit the imaginable of GIL arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.