G4S plc (LON:GFS) has been given an average recommendation of “Hold” by the eleven ratings firms that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 301.73 ($4.06).
A number of analysts have issued reports on the stock. Morgan Stanley lowered shares of G4S to an “equal weight” rating and cut their price target for the stock from GBX 330 ($4.44) to GBX 315 ($4.24) in a research note on Monday, August 14th. Jefferies Group upgraded shares of G4S to a “buy” rating and upped their target price for the stock from GBX 270 ($3.63) to GBX 330 ($4.44) in a research note on Wednesday, November 1st. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 345 ($4.64) target price on shares of G4S in a research note on Wednesday, November 8th. Deutsche Bank cut their target price on shares of G4S from GBX 330 ($4.44) to GBX 325 ($4.37) and set a “buy” rating on the stock in a research note on Thursday, November 9th. Finally, HSBC cut their target price on shares of G4S from GBX 245 ($3.30) to GBX 230 ($3.10) and set a “reduce” rating on the stock in a research note on Friday, November 17th.
Shares of G4S (GFS) traded up GBX 0.40 ($0.01) during mid-day trading on Monday, hitting GBX 252.10 ($3.39). 3,028,884 shares of the stock traded hands, compared to its average volume of 5,970,000. G4S has a 1 year low of GBX 222.80 ($3.00) and a 1 year high of GBX 342.60 ($4.61).
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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