Gildan PTs Hiked to $78 as Analysts Cite Hanesbrands Synergies
Scotiabank raised its price target on Gildan Activewear to $72 from $66 following completion of the Hanesbrands acquisition, forecasting improved Q4 2025 estimates and margin synergies. TD Securities and BMO then lifted targets to $77 and $78, highlighting integration plans and Gildan’s low-cost manufacturing to drive market share gains.
1. Scotiabank Raises Price Target
On February 3, Scotiabank increased its Gildan Activewear price target to $72 from $66 while maintaining an Outperform rating, citing finalized Hanesbrands acquisition and anticipated margin synergies in Q4 2025.
2. TD Securities and BMO Follow Suit
TD Securities lifted its target to $77 from $74 on January 27, and BMO Capital raised its target to $78 from $70 after the Impressions Expo, both affirming confidence in Gildan’s growth trajectory.
3. Integration Strategy and Synergies
Analysts emphasize that detailing the Hanesbrands integration strategy should bolster investor confidence by demonstrating Gildan’s capacity to capture market share through its low-cost, vertically integrated manufacturing model and sustain higher margins.