Analysts Are Bullish on These Consumer Cyclical Stocks: Gildan Activewear (GIL), Red Robin Gourmet (RRGB)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Gildan Activewear (GIL – Research Report) and Red Robin Gourmet (RRGB – Research Report) with bullish sentiments.
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Gildan Activewear (GIL)
CIBC analyst Mark Petrie maintained a Buy rating on Gildan Activewear today and set a price target of $79.00. The company’s shares closed last Friday at $67.43.
According to TipRanks.com, Petrie is a 5-star analyst with an average return of
Currently, the analyst consensus on Gildan Activewear is a Strong Buy with an average price target of $80.60, a 18.0% upside from current levels. In a report issued on February 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $80.00 price target.
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Red Robin Gourmet (RRGB)
Craig-Hallum analyst Jeremy Hamblin reiterated a Buy rating on Red Robin Gourmet yesterday and set a price target of $14.50. The company’s shares closed last Friday at $4.98.
According to TipRanks.com, Hamblin is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Red Robin Gourmet with a $10.75 average price target.
