G4S plc (GFS) Given Average Rating of “Hold” by Brokerages

Shares of G4S plc (LON:GFS) have been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 307 ($4.31).

Several analysts recently issued reports on the company. Deutsche Bank upgraded G4S to a “buy” rating and reduced their price target for the company from GBX 340 ($4.77) to GBX 330 ($4.63) in a research note on Friday, November 3rd. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 345 ($4.84) price target on shares of G4S in a research note on Wednesday, November 8th. Citigroup upgraded G4S to a “buy” rating and set a GBX 350 ($4.92) price target for the company in a research note on Monday, January 15th. Credit Suisse Group reduced their price target on G4S from GBX 350 ($4.92) to GBX 330 ($4.63) and set an “outperform” rating for the company in a research note on Wednesday, January 3rd. Finally, HSBC reduced their price target on G4S from GBX 245 ($3.44) to GBX 230 ($3.23) and set a “reduce” rating for the company in a research note on Friday, November 17th.

Shares of G4S (GFS) traded down GBX 2.20 ($0.03) during mid-day trading on Tuesday, reaching GBX 287.90 ($4.04). The company’s stock had a trading volume of 1,999,182 shares, compared to its average volume of 3,780,000. The firm has a market capitalization of $4,480.00 and a P/E ratio of 1,599.44. G4S has a one year low of GBX 247.80 ($3.48) and a one year high of GBX 342.60 ($4.81).

TRADEMARK VIOLATION NOTICE: “G4S plc (GFS) Given Average Rating of “Hold” by Brokerages” was originally published by American Banking News and is the property of of American Banking News. If you are reading this piece on another website, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/01/30/g4s-plc-gfs-given-average-rating-of-hold-by-brokerages.html.

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.

Analyst Recommendations for G4S (LON:GFS)

Receive News & Ratings for G4S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for G4S and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply