GDI Integrated Facility Services (TSE:GDI) Price Target Cut to C$48.00 by Analysts at Desjardins

GDI Integrated Facility Services (TSE:GDI) had its price objective reduced by equities research analysts at Desjardins from C$50.00 to C$48.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ target price would indicate a potential upside of 42.31% from the company’s current price.

GDI has been the topic of a number of other research reports. TD Securities raised GDI Integrated Facility Services from a “hold” rating to a “strong-buy” rating and raised their price target for the stock from C$40.00 to C$50.00 in a research report on Tuesday, January 28th. National Bankshares lifted their price target on shares of GDI Integrated Facility Services from C$38.50 to C$41.50 in a research note on Thursday, November 14th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, GDI Integrated Facility Services has a consensus rating of “Moderate Buy” and an average target price of C$43.42.

GDI Integrated Facility Services Trading Down 0.1 %

GDI traded down C$0.02 during midday trading on Thursday, reaching C$33.73. 6,300 shares of the company were exchanged, compared to its average volume of 12,854. The stock’s 50-day simple moving average is C$35.50 and its 200 day simple moving average is C$35.86. GDI Integrated Facility Services has a one year low of C$30.77 and a one year high of C$41.00. The stock has a market capitalization of C$803.93 million, a P/E ratio of 53.46 and a beta of 1.03. The company has a debt-to-equity ratio of 93.19, a quick ratio of 1.44 and a current ratio of 1.70.

GDI Integrated Facility Services Company Profile

GDI Integrated Facility Services Inc, together with its subsidiaries, operates in the outsourced facility services industry in Canada and the United States. The company operates through Business Services Canada, Business Services USA, Technical Services, and Corporate and Other segments. It offers cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, vacuuming, carpet cleaning, washing walls and glass, shampooing rugs, removing trash and debris, and dusting, as well as other building services, including lawn maintenance, snow removal, and others.