Zacks Investment Research upgraded G&K Services Inc (NASDAQ:GK) to Hold in a report released today.
- Updated: September 19, 2016
Zacks Investment Research has upgraded G&K Services Inc(NASDAQ:GK) to Hold in a report released on 9/19/2016.
Just yesterday G&K Services Inc (NASDAQ:GK) traded 0.20% higher at $96.73. GK’s 50-day moving average is $91.86 and its 200-day average is $78.69. With the last stock close up 22.93% from the 200-day moving average, compared to the S&P 500 Index which has fallen -0.01% over the same time. 208,026 shares of G&K Services Inc traded hands, down from ann avg. volume of 234,777.
See Chart Below:
G&K Services Inc has a one-year low of $51.94 and a one-year high of $98.22 with a P/E ratio of 27 and has a total market value of $0.0.
A total of 3 equity analysts have reported on GK. Two firms rate the company a strong buy, one analyst rate the stock a buy, four analyts rate the company a hold, 0 rate the stock to underperform, and finally 0 analystsrate the stock as sell with an average target stock price of $79.00
Brief Synopsis 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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