G4S plc Stock Rating Reaffirmed by Credit Suisse (GFS)
G4S plc (LON:GFS)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse in a report issued on Monday. They currently have a GBX 245 ($4.17) price target on the stock. Credit Suisse’s price target points to a potential downside of 3.43% from the stock’s previous close.
G4S plc (LON:GFS) opened at 253.60 on Monday. G4S plc has a one year low of GBX 203.60 and a one year high of GBX 266.50. The stock’s 50-day moving average is GBX 253.7 and its 200-day moving average is GBX 246.8. The company’s market cap is £3.917 billion.
A number of other firms have also recently commented on GFS. Analysts at RBC Capital raised their price target on shares of G4S plc from GBX 215 ($3.66) to GBX 225 ($3.83) in a research note on Monday, June 2nd. They now have an “underperform” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of G4S plc in a research note on Thursday, May 8th. They now have a GBX 210 ($3.58) price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of G4S plc from GBX 288 ($4.91) to GBX 272 ($4.63) in a research note on Thursday, May 8th. They now have an “overweight” rating on the stock. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. G4S plc has a consensus rating of “Hold” and a consensus price target of GBX 248.36 ($4.23).
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.