JPMorgan Chase & Co. disclosed G&K Services Inc (NASDAQ:GK), hiking its stock price target to $97.00 earlier today
- Updated: September 17, 2016
Having a price of $96.96, G&K Services Inc (NASDAQ:GK) traded 0.04% higher on the day. The last close is up 24.04% relative to the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the same period. G&K Services Inc has been tracking to a 50-day average of $90.05 and two hundred day moving average of $77.83. 343,719 shares of GK were exchanged, up from ann average volume of 225,217
In a report released on 8/18/2016 JPMorgan Chase & Co. increased the target price of G&K Services Inc (NASDAQ:GK) from $0 to $97 indicating a possible upsideof 0.00%.
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A total of 3 equity analysts have issued a research note on G&K Services Inc. Two firms rate the company a strong buy, one analyst rate the company a buy, four analyts rate the stock a hold, 0 rate the stock to underperform, and finally 0 brokeragesrate the company as sell with a one year target stock price of $79.00
With a total market value of $0.0, G&K Services Inc has a PE of 27 with a 52 week low of $51.94 and a one-year high of $98.22.
About G&K Services Inc (NASDAQ:GK)
G&K Services, Inc. is a service-focused provider of branded uniform and facility services programs. The Company provides a range of workwear and protective safety apparel through rental and direct purchase programs. The Company also supplies various facility products and services, including floor mats, towels, mops, restroom hygiene products, and first aid supplies. It also manufactures certain work apparel garments that are used to support its garment rental and direct purchase programs. It operates in two segments: United States (includes the Dominican Republic) and Canada. The Company operated from approximately 160 locations, as of July 2, 2016. The Company serves a diverse base of customer locations in various industries, including automotive, warehousing, distribution, transportation, energy, manufacturing, food processing, retail, restaurants, construction and trades, hospitality, government, and healthcare and others.
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