Zacks Investment Research upgraded G&K Services Inc (NASDAQ:GK) to Hold in a report released today.
- Updated: March 20, 2017
Zacks Investment Research has upgraded G&K Services Inc (NASDAQ:GK) to Hold in a report released on 03/20/2017.
Yesterday G&K Services Inc (NASDAQ:GK) traded 0.00% even at $97.50. The company’s 50-day moving average is $95.02 and its 200-day moving average is $95.77. The last stock close price is up 1.81% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 418,583 shares of the stock were exchanged, up from an average trading volume of 152,867
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G&K Services Inc has a 52 week low of $69.17 and a 52 week high of $98.21 with a P/E ratio of 34.23 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 3 firms have reported on the company. The average stock price target is $79.00 with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, four analysts rating the company a hold, zero analysts rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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, healthcare and others.
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