G4S Receives “Hold” Rating from Panmure Gordon (GFS)
G4S (LON:GFS)‘s stock had its “hold” rating reiterated by equities researchers at Panmure Gordon in a research report issued on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 275 ($4.41) price objective on the stock. Panmure Gordon’s target price indicates a potential upside of 8.27% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of G4S in a research note to investors on Tuesday. They now have a GBX 290 ($4.65) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of G4S in a research note to investors on Friday. They now have a GBX 300 ($4.81) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of G4S in a research note to investors on Friday, October 25th. They now have a GBX 270 ($4.33) price target on the stock. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 262.19 ($4.20).
Shares of G4S (LON:GFS) opened at 247.20 on Tuesday. G4S has a 1-year low of GBX 203.60 and a 1-year high of GBX 315.80. The stock has a 50-day moving average of GBX 250.7 and a 200-day moving average of GBX 248.6. The company’s market cap is £3.468 billion.
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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