G4S Rating Reiterated by RBC Capital (GFS)
G4S (LON:GFS)‘s stock had its “underperform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Thursday, Analyst Ratings Network reports. They currently have a GBX 235 ($3.86) price objective on the stock. RBC Capital’s price objective indicates a potential upside of 1.34% from the company’s current price.
G4S (LON:GFS) opened at 232.40 on Thursday. G4S has a one year low of GBX 203.60 and a one year high of GBX 315.80. The stock’s 50-day moving average is GBX 249.8 and its 200-day moving average is GBX 250.9. The company’s market cap is £3.261 billion.
A number of other analysts have also recently weighed in on GFS. Analysts at Panmure Gordon downgraded shares of G4S to a “sell” rating in a research note on Monday. They now have a GBX 200 ($3.28) price target on the stock, down previously from GBX 275 ($4.51). Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of G4S from GBX 324 ($5.32) to GBX 310 ($5.09) in a research note on Friday, February 7th. They now have an “overweight” rating on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of G4S in a research note on Tuesday, January 28th. They set an “underweight” rating and a GBX 235 ($3.86) price target on the stock. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. G4S has a consensus rating of “Hold” and an average target price of GBX 255.56 ($4.19).
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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