G4S plc Stock Rating Reaffirmed by Deutsche Bank (GFS)
G4S plc (LON:GFS)‘s stock had its “sell” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Wednesday. They currently have a GBX 210 ($3.52) price target on the stock. Deutsche Bank’s price objective suggests a potential downside of 19.35% from the stock’s previous close.
A number of other firms have also recently commented on GFS. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of G4S plc in a research note on Tuesday. They now have a GBX 300 ($5.03) price target on the stock. Separately, 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. Finally, analysts at Barclays reiterated an “overweight” rating on shares of G4S plc in a research note on Thursday, July 10th. Six investment analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 241.69 ($4.05).
Shares of G4S plc (LON:GFS) opened at 263.40 on Wednesday. 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 £4.069 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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