GDI Integrated Facility Services (TSE:GDI) Stock Rating Lowered by TD Securities

Key Points

• TD Securities downgraded GDI Integrated Facility Services from a "buy" to a "hold" rating, significantly reducing the target price from C$47.00 to C$30.00.
• In contrast, Scotiabank raised its price objective for GDI shares from C$41.00 to C$42.00 as of May 12th.
• During recent trading, GDI shares fell by C$1.74, closing at C$25.76, indicating challenges in maintaining higher valuations.

GDI Integrated Facility Services (TSE:GDI - Get Free Report) was downgraded by investment analysts at TD Securities from a "buy" rating to a "hold" rating in a research report issued on Monday, MarketBeat reports. They presently have a C$30.00 target price on the stock, down from their prior target price of C$47.00. TD Securities' price target indicates a potential upside of 15.34% from the company's current price.

Separately, Scotiabank upped their price objective on shares of GDI Integrated Facility Services from C$41.00 to C$42.00 in a research report on Monday, May 12th.

GDI Integrated Facility Services Stock Performance

GDI Integrated Facility Services stock traded up C$0.06 during mid-day trading on Monday, reaching C$26.01. The company had a trading volume of 482 shares, compared to its average volume of 11,559. The company has a quick ratio of 1.44, a current ratio of 1.70 and a debt-to-equity ratio of 93.19. The firm has a market cap of C$619.93 million, a price-to-earnings ratio of 41.23 and a beta of 1.03. The company has a 50 day moving average of C$31.78 and a 200-day moving average of C$32.36. GDI Integrated Facility Services has a 52 week low of C$25.45 and a 52 week high of C$41.00.

GDI Integrated Facility Services Company Profile

GDI Integrated Facility Services Inc is engaged in the facility services sector. The company's operating segment includes Janitorial Canada, Janitorial USA, Technical services and Complementary Services. It generates maximum revenue from the Janitorial Canada segment. The Janitorial Canada and Janitorial USA segments provide a wide range of basic 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.