G4S plc Rating Reiterated by Jefferies Group (GFS)
G4S plc (LON:GFS)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Friday. They currently have a GBX 300 ($5.03) price target on the stock. Jefferies Group’s price objective points to a potential upside of 10.09% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital raised their price target on shares of G4S plc from GBX 225 ($3.77) to GBX 235 ($3.94) in a research note on Thursday. They now have an “underperform” rating on the stock. Separately, 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. Finally, 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. Six 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. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 244 ($4.09).
Shares of G4S plc (LON:GFS) opened at 267.30 on Friday. G4S plc has a one year low of GBX 225.40 and a one year high of GBX 274.40. The stock has a 50-day moving average of GBX 257.1 and a 200-day moving average of GBX 247.1. The company’s market cap is £4.129 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 17th. Shareholders of record on Wednesday, September 10th will be given a dividend of GBX 3.42 ($0.06) per share. This represents a yield of 1.26%. The ex-dividend date of this dividend is Wednesday, September 10th.
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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