What exactly changed in the latest GIL analyst rating update?

On February 03, 2026 Scotiabank maintained an Outperform rating for Gildan Activewear Inc. (GIL) and raised its price target to $72 from $66, citing deal synergies and margin improvement.

How should investors interpret a maintained Outperform with a higher price target?

A maintained rating with a higher target shows continued confidence but updated valuation assumptions. It points to expected upside without a change in the analyst’s risk view, so investors should watch execution on cited drivers.

How did the market react to the Scotiabank note on GIL?

The note produced a modest intraday move of 0.42% (about $0.28) on the announcement date, indicating the market saw the price target lift as incremental rather than disruptive.

Where can I find more analyst coverage and the Meyka grade for GIL?

Meyka AI provides real-time analyst tracking and assigns a B+ grade to GIL based on benchmark, sector, growth, and consensus. See our Gildan page for detailed coverage and models.

Analyst Ratings

Scotiabank Maintains Outperform on Gildan Activewear Inc. (GIL) Feb 2026

ByHuzaifa Zahoor February 4, 2026

Scotiabank maintained an Outperform rating on Gildan Activewear Inc. (GIL) on February 03, 2026, while raising its price target to $72 from $66. The move is the core change in the latest GIL analyst rating update and signals confidence tied to recent strategic developments. Scotiabank issued the note at 10:37 AM and flagged specific deal and margin drivers behind the target raise. Investors should weigh that maintained rating alongside the new price target when assessing upside.