G4S (LON:GFS) was upgraded by investment analysts at Citigroup to a “buy” rating in a research note issued on Monday. The firm currently has a GBX 350 ($4.75) price target on the stock. Citigroup’s price objective suggests a potential upside of 20.69% from the company’s current price.
GFS has been the subject of several other reports. Jefferies Group upgraded shares of G4S to a “buy” rating and upped their target price for the stock from GBX 270 ($3.66) to GBX 330 ($4.48) in a research report on Wednesday, November 1st. Deutsche Bank cut their price target on shares of G4S from GBX 330 ($4.48) to GBX 325 ($4.41) and set a “buy” rating for the company in a research report on Thursday, November 9th. Royal Bank of Canada restated an “outperform” rating and set a GBX 385 ($5.22) price target on shares of G4S in a research report on Thursday, December 21st. HSBC cut their price target on shares of G4S from GBX 245 ($3.32) to GBX 230 ($3.12) and set a “reduce” rating for the company in a research report on Friday, November 17th. Finally, Credit Suisse Group cut their price target on shares of G4S from GBX 350 ($4.75) to GBX 330 ($4.48) and set an “outperform” rating for the company in a research report on Wednesday, January 3rd. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 307 ($4.16).
Shares of G4S (LON:GFS) traded up GBX 3.10 ($0.04) during trading hours on Monday, reaching GBX 290 ($3.93). 4,713,161 shares of the company traded hands, compared to its average volume of 4,150,000. G4S has a one year low of GBX 241.20 ($3.27) and a one year high of GBX 342.60 ($4.65). The stock has a market capitalization of $4,500.00 and a price-to-earnings ratio of 1,611.11.
G4S 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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