G4S plc (LON:GFS) Given Consensus Rating of “Hold” by Analysts
Shares of G4S plc (LON:GFS) have been given a consensus recommendation of “Hold” by the eleven analysts that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 293 ($3.80).
Several equities research analysts recently commented on the company. BNP Paribas reiterated an “underperform” rating and set a GBX 220 ($2.85) target price on shares of G4S plc in a report on Wednesday. Deutsche Bank AG restated a “hold” rating and set a GBX 325 ($4.21) price objective on shares of G4S plc in a research note on Tuesday, May 23rd. Credit Suisse Group raised their price objective on G4S plc from GBX 310 ($4.02) to GBX 350 ($4.53) and gave the company an “outperform” rating in a research note on Friday, May 5th. J P Morgan Chase & Co raised their price objective on G4S plc from GBX 290 ($3.76) to GBX 323 ($4.18) and gave the company an “overweight” rating in a research note on Friday, May 5th. Finally, Morgan Stanley raised their price objective on G4S plc from GBX 285 ($3.69) to GBX 330 ($4.27) and gave the company an “overweight” rating in a research note on Wednesday, May 3rd.
In other news, insider Winnie Kin Wah Fok bought 10,000 shares of the firm’s stock in a transaction dated Friday, May 12th. The stock was bought at an average price of GBX 318 ($4.12) per share, for a total transaction of £31,800 ($41,191.71). Also, insider John Connolly bought 14,850 shares of the firm’s stock in a transaction dated Friday, May 5th. The stock was purchased at an average price of GBX 323 ($4.18) per share, with a total value of £47,965.50 ($62,131.48).
Shares of G4S plc (LON:GFS) traded down 0.48% during trading on Friday, hitting GBX 328.80. The stock had a trading volume of 1,834,141 shares. G4S plc has a one year low of GBX 174.40 and a one year high of GBX 339.50. The company’s market cap is GBX 5.09 billion. The stock’s 50-day moving average price is GBX 327.18 and its 200-day moving average price is GBX 285.96.
About G4S plc
G4S Plc is a security company specializing in the provision of security and related services to customers. The Company’s segments include Africa, Asia Middle East, Latin America, Europe, North America, and UK & Ireland. It offers Secure solutions products, including manned security and facilities management services, and Cash solutions, mainly the provision of physical cash management services.
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