GDI Integrated Facility Services (TSE:GDI) Downgraded to Sell Rating by TD Securities

GDI Integrated Facility Services (TSE:GDI) was downgraded by equities researchers at TD Securities from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. They currently have a C$36.60 target price on the stock, up from their prior target price of C$31.00. TD Securities’ price target indicates a potential upside of 1.08% from the company’s previous close.

GDI has been the subject of a number of other reports. Scotiabank dropped their price target on GDI Integrated Facility Services from C$33.00 to C$32.00 in a research report on Monday, November 10th. Raymond James Financial set a C$35.00 target price on GDI Integrated Facility Services and gave the company an “outperform” rating in a report on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$36.92.

GDI Integrated Facility Services Price Performance

GDI traded down C$0.09 on Tuesday, hitting C$36.21. 25,616 shares of the company’s stock were exchanged, compared to its average volume of 16,181. GDI Integrated Facility Services has a fifty-two week low of C$25.45 and a fifty-two week high of C$41.00. The stock has a market cap of C$852.02 million, a price-to-earnings ratio of 20.23 and a beta of 0.18. The firm has a 50-day moving average price of C$29.17 and a 200-day moving average price of C$29.37. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 93.19.

GDI Integrated Facility Services (TSE:GDI) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.58 earnings per share for the quarter. GDI Integrated Facility Services had a net margin of 0.59% and a return on equity of 3.26%. The firm had revenue of C$615.00 million for the quarter. As a group, equities analysts anticipate that GDI Integrated Facility Services will post 1.2993948 earnings per share for the current year.

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.