G4S (GFSZY) Upgraded to “Buy” by Zacks Investment Research
G4S (NASDAQ:GFSZY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Friday. The brokerage currently has a $23.00 price objective on the industrial products company’s stock. Zacks Investment Research‘s target price would indicate a potential upside of 10.18% from the company’s previous close.
According to Zacks, “G4S Plc operates as an integrated security company specializing in the provision of security products, services and solutions. It offers secure solutions, including risk services and consultancy services; access control, CCTV, intruder alarms, fire detection, video analytics and security, and building systems technology integration; mobile security patrol and response services, and alarm receiving and monitoring facilities; secure facilities services; assisting long term unemployed people into work; and manned security services. The Company also provides care and justice services; prisoner escorting; asylum services; electronic monitoring; and police services. It has operations in North America, Europe, Africa, Middle East, Asia/Pacific and Latin America. G4S Plc is based in United Kingdom. “
A number of other analysts also recently commented on GFSZY. Imperial Capital began coverage on G4S in a research report on Friday, April 28th. They set an “outperform” rating and a $22.00 price target for the company. HSBC Holdings plc downgraded G4S from a “hold” rating to a “reduce” rating in a research report on Monday, March 20th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $22.50.
G4S (NASDAQ:GFSZY) traded up 0.74% on Friday, hitting $21.03. The company had a trading volume of 5,442 shares. The stock has a market capitalization of $6.51 billion and a PE ratio of 25.49. The stock has a 50 day moving average of $19.79 and a 200-day moving average of $16.82. G4S has a one year low of $10.83 and a one year high of $21.07.
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