G4S plc Rating Reiterated by Credit Suisse (GFS)
G4S plc (LON:GFS)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse in a report issued on Wednesday. They currently have a GBX 245 ($4.10) price target on the stock. Credit Suisse’s price target points to a potential downside of 6.88% from the company’s current price.
G4S plc (LON:GFS) opened at 262.60 on Wednesday. G4S plc has a 1-year low of GBX 225.40 and a 1-year high of GBX 274.40. The stock has a 50-day moving average of GBX 258.0 and a 200-day moving average of GBX 247.5. The company’s market cap is £4.057 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 Jefferies Group reiterated a “buy” rating on shares of G4S plc in a research note on Friday, August 15th. They now have a GBX 300 ($5.02) price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of G4S plc from GBX 225 ($3.76) to GBX 235 ($3.93) in a research note on Thursday, August 14th. They now have an “underperform” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of G4S plc in a research note on Thursday, August 14th. They now have a GBX 250 ($4.18) price target on the stock. Six equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 244 ($4.08).
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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