National Bankshares Cuts GDI Integrated Facility Services (TSE:GDI) Price Target to C$33.00

Key Points

• National Bankshares has lowered GDI Integrated Facility Services' price target from C$41.50 to C$33.00, maintaining a "sector perform" rating, indicating a potential upside of 28.11% from the current price.
• Scotiabank recently raised its target for GDI from C$41.00 to C$42.00, while TD Securities downgraded it from "buy" to "hold" and set a new target of C$30.00.
• GDI's stock is currently trading at C$25.76, with a 52-week low of C$25.45 and a high of C$41.00, reflecting a significant drop in value and market volatility.

GDI Integrated Facility Services (TSE:GDI - Free Report) had its price target trimmed by National Bankshares from C$41.50 to C$33.00 in a report issued on Monday,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Other research analysts have also recently issued reports about the company. Scotiabank upped their price objective on GDI Integrated Facility Services from C$41.00 to C$42.00 in a research report on Monday, May 12th. TD Securities cut GDI Integrated Facility Services from a "strong-buy" rating to a "hold" rating and lowered their price objective for the stock from C$47.00 to C$30.00 in a research report on Monday.

GDI Integrated Facility Services Price Performance

TSE GDI remained flat at C$26.39 during trading hours on Monday. The company's stock had a trading volume of 2,477 shares, compared to its average volume of 11,512. The company's 50-day simple moving average is C$31.55 and its 200 day simple moving average is C$32.25. The company has a debt-to-equity ratio of 93.19, a quick ratio of 1.44 and a current ratio of 1.70. GDI Integrated Facility Services has a 12 month low of C$25.45 and a 12 month high of C$41.00. The firm has a market capitalization of C$628.99 million, a price-to-earnings ratio of 41.83 and a beta of 1.03.

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.