Raymond James Financial Upgrades GDI Integrated Facility Services (TSE:GDI) to "Moderate Buy"

Key Points

• GDI Integrated Facility Services has received a rating upgrade from Raymond James Financial to a "moderate buy".
• National Bankshares and TD Securities both lowered their target prices for the stock, with National Bankshares dropping it from C$41.50 to C$33.00.
• The stock is currently trading at C$27.59, reflecting a 1.8% increase during midday trading.

GDI Integrated Facility Services (TSE:GDI - Get Free Report) was upgraded by stock analysts at Raymond James Financial to a "moderate buy" rating in a research note issued on Thursday,Zacks.com reports.

A number of other research firms have also recently issued reports on GDI. National Bankshares cut their price target on GDI Integrated Facility Services from C$41.50 to C$33.00 and set a "sector perform" rating on the stock in a report on Monday, August 11th. TD Securities downgraded shares of GDI Integrated Facility Services from a "buy" rating to a "hold" rating and dropped their target price for the company from C$47.00 to C$30.00 in a research report on Monday, August 11th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$37.60.

GDI Integrated Facility Services Trading Up 1.4%

Shares of GDI Integrated Facility Services stock traded up C$0.40 on Thursday, hitting C$27.99. 24,087 shares of the company's stock traded hands, compared to its average volume of 11,759. The company has a fifty day moving average of C$29.11 and a two-hundred day moving average of C$30.94. GDI Integrated Facility Services has a one year low of C$25.45 and a one year high of C$41.00. The company has a market capitalization of C$659.50 million, a price-to-earnings ratio of 18.79 and a beta of 0.38. The company has a debt-to-equity ratio of 93.19, a current ratio of 1.70 and a quick ratio of 1.44.

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.