Cantor Fitzgerald Reiterates “Hold” Rating for G4S (GFS)
G4S (LON:GFS)‘s stock had its “hold” rating restated by analysts at Cantor Fitzgerald in a research report issued to clients and investors on Wednesday, AnalystRatings.Net reports. They currently have a GBX 240 ($3.87) target price on the stock. Cantor Fitzgerald’s price objective would suggest a potential downside of 5.73% from the stock’s previous close.
G4S (LON:GFS) traded down 0.66% on Wednesday, hitting GBX 254.60. 3,716,585 shares of the company’s stock traded hands. G4S has a one year low of GBX 203.60 and a one year high of GBX 315.80. The stock has a 50-day moving average of GBX 247.8 and a 200-day moving average of GBX 259.2. The company’s market cap is £3.572 billion.
A number of other firms have also recently commented on GFS. Analysts at Goldman Sachs Group Inc. reiterated a “sell/neutral” rating on shares of G4S (LON:GFS) in a research note to investors on Friday, September 27th. They now have a GBX 193 ($3.11) price target on the stock. Finally, analysts at Charles Stanley reiterated an “accumulate” rating on shares of G4S (LON:GFS) in a research note to investors on Thursday, September 19th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company’s stock. G4S presently has an average rating of “Hold” and a consensus price target of GBX 258.19 ($4.17).
G4S Plc, along with its subsidiaries, is engaged in provision of secure solutions, including manned security services, care and justice services and security systems, and cash solutions, including the management and transportation of cash and valuables, as well as undertaking of other outsourced business processes in sectors where security and safety risks are considered a threat.
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