G4S plc Stock Rating Reaffirmed by Investec (GFS)
G4S plc (LON:GFS)‘s stock had its “buy” rating reaffirmed by stock analysts at Investec in a report issued on Wednesday. They currently have a GBX 280 ($4.70) price objective on the stock. Investec’s price objective would indicate a potential upside of 7.53% from the stock’s previous close.
GFS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “sell” rating on shares of G4S plc in a research note on Wednesday. They now have a GBX 210 ($3.52) price target on the stock. Separately, 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. Finally, 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. Six research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. G4S plc currently has an average rating of “Hold” and a consensus target price of GBX 241.69 ($4.05).
Shares of G4S plc (LON:GFS) opened at 265.00 on Wednesday. G4S plc has a one year low of GBX 225.40 and a one year high of GBX 266.50. The stock’s 50-day moving average is GBX 256.4 and its 200-day moving average is GBX 246.8. The company’s market cap is £4.093 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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