G4S Given New GBX 225 Price Target at Deutsche Bank (GFS)
Research analysts at Deutsche Bank hoisted their price target on shares of G4S (LON:GFS) from GBX 212 ($3.49) to GBX 225 ($3.71) in a report released on Tuesday, Analyst Ratings Network.com reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price would indicate a potential downside of 8.94% from the stock’s previous close.
G4S (LON:GFS) traded down 1.12% during mid-day trading on Tuesday, hitting GBX 247.10. The stock had a trading volume of 3,478,964 shares. G4S has a 52-week low of GBX 203.60 and a 52-week high of GBX 315.80. The stock has a 50-day moving average of GBX 255.7 and a 200-day moving average of GBX 249.5. The company’s market cap is £3.467 billion.
A number of other analysts have also recently weighed in on GFS. Analysts at HSBC raised their price target on shares of G4S from GBX 250 ($4.12) to GBX 260 ($4.28) in a research note to investors on Wednesday, January 22nd. They now have a “neutral” rating on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of G4S in a research note to investors on Tuesday, January 14th. They now have a GBX 240 ($3.95) price target on the stock. Finally, analysts at RBC Capital downgraded shares of G4S to an “underperform” rating in a research note to investors on Monday, January 13th. They now have a GBX 235 ($3.87) price target on the stock, down previously from GBX 255 ($4.20). Four analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company. G4S presently has a consensus rating of “Hold” and a consensus target price of GBX 256.24 ($4.22).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.