G4S plc’s “Neutral” Rating Reaffirmed at Credit Suisse (GFS)
G4S plc (LON:GFS)‘s stock had its “neutral” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Friday, Stock Ratings Network.com reports. They currently have a GBX 275 ($4.61) target price on the stock. Credit Suisse’s price target indicates a potential upside of 16.18% from the stock’s previous close.
A number of other analysts have also recently weighed in on GFS. Analysts at RBC Capital reiterated an “underperform” rating on shares of G4S plc in a research note on Thursday, February 13th. They now have a GBX 235 ($3.94) price target on the stock. Separately, analysts at Panmure Gordon downgraded shares of G4S plc to a “sell” rating in a research note on Monday, February 10th. They now have a GBX 200 ($3.35) price target on the stock, down previously from GBX 275 ($4.61). Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of G4S plc from GBX 324 ($5.43) to GBX 310 ($5.20) in a research note on Friday, February 7th. They now have an “overweight” rating on the stock. Five research analysts have rated the stock with a sell rating, nine 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 255.56 ($4.28).
G4S plc (LON:GFS) traded up 1.41% during mid-day trading on Friday, hitting GBX 236.70. The stock had a trading volume of 5,264,544 shares. G4S plc 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 244.9 and a 200-day moving average of GBX 250.. The company’s market cap is £3.321 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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