TD Securities Issues Pessimistic Forecast for GDI Integrated Facility Services (TSE:GDI) Stock Price

GDI Integrated Facility Services (TSE:GDI) had its price objective lowered by stock analysts at TD Securities from C$50.00 to C$47.00 in a report released on Monday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ price objective would indicate a potential upside of 39.05% from the stock’s current price.

A number of other analysts have also recently issued reports on GDI. Scotiabank lifted their price objective on GDI Integrated Facility Services from C$41.00 to C$42.00 in a research report on Monday. Desjardins decreased their price objective on shares of GDI Integrated Facility Services from C$50.00 to C$48.00 and set a “buy” rating for the company in a report on Thursday, March 6th.

GDI Integrated Facility Services Stock Up 0.9%

TSE:GDI opened at C$33.80 on Monday. The firm has a market capitalization of C$805.60 million, a price-to-earnings ratio of 53.57 and a beta of 1.03. GDI Integrated Facility Services has a 1-year low of C$29.39 and a 1-year high of C$41.00. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 93.19. The business’s fifty day moving average price is C$31.52 and its 200 day moving average price is C$34.34.

Insider Activity at GDI Integrated Facility Services

In other news, Senior Officer Ahmed S. Boomrod sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of C$31.07, for a total value of C$155,350.00. Corporate insiders own 12.62% of the company’s stock.

About GDI Integrated Facility Services

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.