G4S plc’s “Underperform” Rating Reaffirmed at RBC Capital (GFS)
G4S plc (LON:GFS)‘s stock had its “underperform” rating reiterated by stock analysts at RBC Capital in a report issued on Thursday. They currently have a GBX 235 ($3.94) price objective on the stock. RBC Capital’s price objective points to a potential downside of 13.76% from the company’s current price.
Shares of G4S plc (LON:GFS) opened at 270.00 on Thursday. G4S plc has a 1-year low of GBX 225.40 and a 1-year high of GBX 266.50. The stock’s 50-day moving average is GBX 256.8 and its 200-day moving average is GBX 246.9. The company’s market cap is £4.171 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 17th. Investors of record on Wednesday, September 10th will be paid a dividend of GBX 3.42 ($0.06) per share. This represents a dividend yield of 1.26%. The ex-dividend date is Wednesday, September 10th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of G4S plc in a research note on Thursday. They now have a GBX 250 ($4.19) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of G4S plc in a research note on Wednesday. They now have a GBX 280 ($4.70) price target on the stock. Finally, 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. Six 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. The company has an average rating of “Hold” and a consensus price target of GBX 242.46 ($4.07).
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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