Barrington Research Comments on G&K Services
Barrington Research provided color on G&K Services (NASDAQ: GKSR) in a research report published today. Barrington Research has previously given G&K Services an Outperform rating and $38 price target.
In the report, Barrington Research states, "G&K Services' fourth quarter and fiscal 2011 results showed continued progress in the company's game plan to increase customer satisfaction, improve day-to-day execution, manage costs, and address underperforming locations. Progress also was made towards the financial goals to achieve an operating margin of 10% and return on invested capital (ROIC) of 10% over the next one to three years."
Shares of G&K Services closed today at $26.71, up 1.71% from Tuesday's market close.
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