Numis Securities Ltd Reiterates “Add” Rating for G4S plc (GFS)
G4S plc (LON:GFS)‘s stock had its “add” rating reiterated by research analysts at Numis Securities Ltd in a report released on Tuesday. They currently have a GBX 300 ($5.03) price objective on the stock. Numis Securities Ltd’s target price points to a potential upside of 14.90% from the company’s current price.
GFS has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “underperform” rating on shares of G4S plc in a research note on Tuesday, July 29th. They now have a GBX 225 ($3.77) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of G4S plc in a research note on Thursday, July 10th. Finally, analysts at HSBC reiterated an “underweight” rating on shares of G4S plc in a research note on Thursday, July 10th. They now have a GBX 225 ($3.77) price target on the stock. Six analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. G4S plc currently has an average rating of “Hold” and a consensus price target of GBX 241.69 ($4.05).
Shares of G4S plc (LON:GFS) traded down 0.42% during mid-day trading on Tuesday, hitting GBX 259.80. 2,960,707 shares of the company’s stock traded hands. G4S plc has a 1-year low of GBX 225.40 and a 1-year high of GBX 266.50. The stock has a 50-day moving average of GBX 256.4 and a 200-day moving average of GBX 246.8. The company’s market cap is £4.013 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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