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National Bank Sticks to Their Buy Rating for GDI Integrated (GDI)


GDI Integrated (GDI), the Services sector company, was revisited by a Wall Street analyst today. Analyst Leon Aghazarian from National Bank remains bullish on the stock and has a C$24 price target.

According to TipRanks.com, Aghazarian is ranked #2933 out of 4918 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GDI Integrated with a C$22.75 average price target, which is a 23.2% upside from current levels. In a report released today, TD Securities also reiterated a Buy rating on the stock with a C$24 price target.

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Based on GDI Integrated’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$3.46 million. In comparison, last year the company had a net profit of C$3.7 million.

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 Thursday at C$18.47.