In a report released today, Frederic Bastien from Raymond James reiterated a Buy rating on GDI Integrated, with a price target of C$35.00.
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Frederic Bastien has given his Buy rating due to a combination of factors that highlight GDI Integrated’s potential for growth and resilience in challenging market conditions. Despite a slight miss in the third quarter of 2025, with adjusted EBITDA falling short by $1 million, the company demonstrated strong adjusted EPS performance, surpassing expectations significantly. This was partly due to lower depreciation and amortization expenses and gains from asset disposals.
Moreover, GDI’s Business Services in Canada maintained solid EBITDA margins despite revenue challenges, indicating effective management strategies. In the U.S., the company is focusing on profitable sectors like data centers and life sciences, which is beginning to yield positive results. Additionally, the Technical Services segment shows promise with a strong order book and higher margins. With a favorable debt position, GDI is well-positioned to capitalize on acquisition opportunities as private equity firms face constraints, enhancing its growth prospects.
In another report released on November 2, TR | OpenAI – 4o also upgraded the stock to a Buy with a C$32.00 price target.