G4S plc (GFS) Receives “Underperform” Rating from BNP Paribas
G4S plc (LON:GFS)‘s stock had its “underperform” rating restated by research analysts at BNP Paribas in a report issued on Monday. They presently have a GBX 195 ($2.41) target price on the stock. BNP Paribas’ target price suggests a potential downside of 19.32% from the stock’s current price.
A number of other analysts have also weighed in on GFS. Goldman Sachs Group Inc. restated a “neutral” rating and issued a GBX 189 ($2.34) target price on shares of G4S plc in a research note on Monday, June 27th. Credit Suisse Group AG upgraded G4S plc to an “outperform” rating and raised their target price for the company from GBX 200 ($2.48) to GBX 210 ($2.60) in a research note on Tuesday, June 28th. Jefferies Group lowered their target price on G4S plc from GBX 160 ($1.98) to GBX 157 ($1.94) and set an “underperform” rating for the company in a research note on Monday, July 4th. JPMorgan Chase & Co. lowered their price objective on G4S plc from GBX 298 ($3.69) to GBX 281 ($3.48) and set an “overweight” rating for the company in a research report on Wednesday, July 13th. Finally, Barclays PLC lowered G4S plc to an “underweight” rating and lowered their price objective for the stock from GBX 200 ($2.48) to GBX 160 ($1.98) in a research report on Monday, July 25th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. G4S plc has a consensus rating of “Hold” and an average target price of GBX 224.56 ($2.78).
G4S plc (LON:GFS) opened at 238.70 on Monday. The firm’s market cap is GBX 3.69 billion. G4S plc has a one year low of GBX 145.00 and a one year high of GBX 252.40. The stock has a 50 day moving average price of GBX 233.26 and a 200-day moving average price of GBX 200.86.
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The firm also recently disclosed a dividend, which was paid on Friday, October 14th. Stockholders of record on Thursday, September 1st were issued a dividend of GBX 3.59 ($0.04) per share. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend was Thursday, September 1st.
G4S plc Company Profile
G4S Plc is a United Kingdom-based security company engaged in the provision of security products services and solutions. The Company provides services across sectors, including Government, private energy and utilities, oil and gas, transport and logistics, ports and airports, leisure and tourism, financial institutions, mining, corporates and industrials, and retail.
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