GDI Integrated Facility Services (GDI) Given New C$28.00 Price Target at CIBC

GDI Integrated Facility Services (TSE:GDI) had its price objective lifted by CIBC from C$24.00 to C$28.00 in a report published on Monday morning, BayStreet.CA reports.

A number of other brokerages have also recently weighed in on GDI. TD Securities raised their price target on GDI Integrated Facility Services from C$25.00 to C$29.00 and gave the company a buy rating in a research report on Monday, March 4th. National Bank Financial set a C$30.50 price target on GDI Integrated Facility Services and gave the company an outperform rating in a research report on Friday, May 10th. Finally, Desjardins raised their price target on GDI Integrated Facility Services from C$26.50 to C$31.00 in a research report on Monday.

Shares of GDI stock opened at C$26.79 on Monday. GDI Integrated Facility Services has a fifty-two week low of C$15.64 and a fifty-two week high of C$27.00. The firm has a market capitalization of $566.18 million and a PE ratio of 44.65. The company has a debt-to-equity ratio of 75.36, a current ratio of 1.57 and a quick ratio of 1.45.

GDI Integrated Facility Services (TSE:GDI) last announced its quarterly earnings results on Thursday, February 28th. The company reported C$0.17 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.05). The firm had revenue of C$303.30 million during the quarter, compared to analyst estimates of C$291.37 million. As a group, sell-side analysts anticipate that GDI Integrated Facility Services will post 0.949999994622642 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, Technical services, and Complementary Services segments. It offers janitorial services, such as floor cleaning and finishing, window washing, furniture polishing, carpet cleaning and dusting, as well as other building services, including lawn maintenance, snow removal, and other.

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