G4S plc (GFS) Given Average Rating of “Hold” by Analysts
G4S plc (LON:GFS) has been given a consensus recommendation of “Hold” by the eleven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 295 ($3.97).
A number of analysts have weighed in on GFS shares. Deutsche Bank AG increased their price target on G4S plc from GBX 325 ($4.37) to GBX 340 ($4.57) and gave the stock a “hold” rating in a report on Monday, July 24th. BNP Paribas reiterated an “underperform” rating and set a GBX 220 ($2.96) price target on shares of G4S plc in a report on Wednesday, July 12th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 323 ($4.34) price target on shares of G4S plc in a report on Tuesday, June 27th. Finally, Morgan Stanley downgraded G4S plc to an “equal weight” rating and decreased their price target for the stock from GBX 330 ($4.44) to GBX 315 ($4.24) in a report on Monday, August 14th.
G4S plc (GFS) traded up 0.66% on Wednesday, reaching GBX 273.80. The company’s stock had a trading volume of 2,762,756 shares. The stock’s 50 day moving average price is GBX 297.12 and its 200 day moving average price is GBX 311.50. G4S plc has a 12 month low of GBX 217.00 and a 12 month high of GBX 342.60. The company’s market cap is GBX 4.24 billion.
The firm also recently disclosed a dividend, which will be paid on Friday, October 13th. Investors of record on Thursday, August 31st will be paid a GBX 3.59 ($0.05) dividend. The ex-dividend date is Thursday, August 31st. This represents a yield of 1.17%.
In other G4S plc news, insider Tim Weller acquired 16,093 shares of G4S plc stock in a transaction that occurred on Wednesday, August 9th. The stock was acquired at an average cost of GBX 309 ($4.16) per share, for a total transaction of £49,727.37 ($66,873.82).
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G4S plc Company Profile
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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