CIBC Reiterates a Hold Rating on GDI Integrated (GDI)

By Austin Angelo

Shares of GDI Integrated (GDIResearch Report) were revisited by a Wall Street analyst yesterday. The company received a Hold rating from CIBC’s analyst Scott Fromson, with a C$24 price target.

According to TipRanks.com, Fromson is ranked #2606 out of 5233 analysts.

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GDI Integrated has an analyst consensus of Moderate Buy, with a price target consensus of C$24.75.

Based on GDI Integrated’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$4.22 million. In comparison, last year the company had a net profit of C$3.44 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 Friday at C$22.35.