GMP FirstEnergy Sticks to Its Buy Rating for GDI Integrated (GDI)


GDI Integrated (TSX: GDI), the Services sector company was revisited today, and remains undervalued for at least one analyst on the street. GMP FirstEnergy’s analyst Martin Landry reiterates their Buy rating on the shares, with a C$22 price target.

Landry has an average return of 6.8% when recommending GDI Integrated.

According to TipRanks.com, Landry is ranked #79 out of 4850 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GDI Integrated with a C$21.50 average price target, a 25.7% upside from current levels. In a report released yesterday, Desjardins also reiterated a Buy rating on the stock with a C$21 price target.

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The company has a one-year high of C$17.50 and a one-year low of C$14.85. Currently, GDI Integrated has an average volume of 5,244.

GDI Integrated Facility Services, Inc. engages in the provision of commercial facility services. It operates through the following segments: Janitorial Canada, Janitorial USA, Technical Services, Complementary Services, Complimentary Services, and Corporate.

The company’s shares closed on Friday at C$17.10, close to its 52-week high of C$17.50.

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