GDI Integrated Facility Services Inc. (TSE:GDI) Given Consensus Recommendation of “Buy” by Analysts

Shares of GDI Integrated Facility Services Inc. (TSE:GDI) have been assigned a consensus rating of “Buy” from the seven research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is C$61.17.

Several research firms have commented on GDI. National Bankshares boosted their price target on shares of GDI Integrated Facility Services from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 10th. CIBC lifted their price objective on shares of GDI Integrated Facility Services to C$56.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 10th. Desjardins reaffirmed a “buy” rating on shares of GDI Integrated Facility Services in a research report on Tuesday, August 10th. Finally, National Bank Financial lifted their price objective on shares of GDI Integrated Facility Services from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 10th.

In other news, Senior Officer Jocelyn Trottier sold 2,500 shares of the company’s stock in a transaction dated Tuesday, August 24th. The shares were sold at an average price of C$56.90, for a total value of C$142,250.00. Following the completion of the sale, the insider now directly owns 27,500 shares of the company’s stock, valued at C$1,564,750. Also, Senior Officer St├ęphane Lavigne sold 26,966 shares of the company’s stock in a transaction dated Wednesday, September 1st. The shares were sold at an average price of C$57.23, for a total transaction of C$1,543,393.62. Following the completion of the sale, the insider now directly owns 68,034 shares of the company’s stock, valued at C$3,893,912.38.

GDI Integrated Facility Services stock traded up C$0.19 during trading on Friday, hitting C$57.09. The company had a trading volume of 16,925 shares, compared to its average volume of 16,006. The company’s 50 day simple moving average is C$56.82 and its 200-day simple moving average is C$53.94. The stock has a market cap of C$1.31 billion and a price-to-earnings ratio of 23.34. The company has a current ratio of 1.47, a quick ratio of 1.32 and a debt-to-equity ratio of 48.43. GDI Integrated Facility Services has a 1-year low of C$34.85 and a 1-year high of C$60.00.

GDI Integrated Facility Services (TSE:GDI) last posted its quarterly earnings results on Monday, August 9th. The company reported C$0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.46 by C$0.13. The business had revenue of C$372.19 million during the quarter, compared to analyst estimates of C$384.28 million. As a group, analysts forecast that GDI Integrated Facility Services will post 2.28 earnings per share for the current fiscal year.

About GDI Integrated Facility Services

GDI Integrated Facility Services Inc operates in the outsourced facility services industry. The company operates through Janitorial Canada, Janitorial USA, and Technical services segments. It offers janitorial services, such as cleaning floors, dusting desks and tables, vacuuming carpets, sanitizing kitchens and washrooms, watering plants, cleaning exterior and interior parking facilities, and removal of garbage, as well as other services, including stripping and waxing floors, carpet cleaning, heavy dust cleaning, and window cleaning.

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Analyst Recommendations for GDI Integrated Facility Services (TSE:GDI)

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