C.L. King Downgrades ABM Industries Incorporated (ABM) to Hold

By Ryan Adsit

In a report released today, Michael Gallo from C.L. King downgraded ABM Industries Incorporated (ABMResearch Report) to Hold. The company’s shares closed yesterday at $35.19.

Gallo has an average return of 27.9% when recommending ABM Industries Incorporated.

According to TipRanks.com, Gallo is ranked #597 out of 5142 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ABM Industries Incorporated with a $37 average price target.

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The company has a one-year high of $40 and a one-year low of $25.64. Currently, ABM Industries Incorporated has an average volume of 665.8K.

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ABM Industries, Inc. engages in the provision of facility services for commercial, industrial, and institutional buildings. It operates through the following segments: Business & Industry, Aviation, Technology & Manufacturing, Education, Technical Solutions, and Healthcare.