The Globe and Mail reports in its Tuesday, March 3, edition that RBC Capital analyst Ryland Conrad has reaffirmed his "outperform" recommendation for Gildan Activewear. The Globe's David Leeder writes in the Eye On Equities column that Mr. Conrad cut his share target to $78 from $79 (all figures U.S.). Analysts on average target the shares at $80.61. Mr. Conrad says in a note: "While 2026 guidance was mixed versus expectations due in part to a trade-off of short-term capacity tightness for accelerated synergy capture, adjusted EPS was in line and the 2026-2028 outlook (including the more than 20-per-cent EPS CAGR) was reiterated. Following estimate revisions to reflect updated guidance and HanesBrands Australia shifting to discontinued operations, our price target decreases." The Globe reported on Oct. 28 and Feb. 25 that Mr. Conrad had reaffirmed his "outperform" ranking for Gildan Activewear. The shares were then going for $61.26 and $71.28.
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