Brokerages Set GDI Integrated Facility Services Inc. (TSE:GDI) Target Price at C$42.92

GDI Integrated Facility Services Inc. (TSE:GDI) has received an average rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$42.92.

GDI has been the topic of several analyst reports. Desjardins increased their price target on shares of GDI Integrated Facility Services from C$52.00 to C$53.00 and gave the stock a “buy” rating in a research report on Monday, May 13th. Scotiabank cut their target price on shares of GDI Integrated Facility Services from C$45.50 to C$44.00 and set a “sector perform” rating on the stock in a research report on Monday, May 13th. CIBC cut their target price on shares of GDI Integrated Facility Services from C$39.00 to C$38.00 and set a “neutral” rating on the stock in a research report on Monday, May 13th. TD Securities cut their target price on shares of GDI Integrated Facility Services from C$45.00 to C$41.00 and set a “hold” rating on the stock in a research report on Friday, March 1st. Finally, National Bank Financial lowered shares of GDI Integrated Facility Services from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research report on Thursday, February 29th.

GDI Integrated Facility Services Stock Performance

TSE GDI opened at C$33.24 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.44 and a debt-to-equity ratio of 98.68. The firm has a market capitalization of C$489.96 million, a price-to-earnings ratio of 50.36 and a beta of 1.00. The firm’s 50 day simple moving average is C$35.49 and its 200 day simple moving average is C$36.92. GDI Integrated Facility Services has a 1 year low of C$30.77 and a 1 year high of C$49.00.

GDI Integrated Facility Services (TSE:GDI) last posted its quarterly earnings results on Thursday, May 9th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.14 by C($0.12). The firm had revenue of C$644.00 million for the quarter, compared to analyst estimates of C$617.40 million. GDI Integrated Facility Services had a return on equity of 3.34% and a net margin of 0.60%. As a group, research analysts expect that GDI Integrated Facility Services will post 0.9526316 earnings per share for the current fiscal year.

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.