Brokerages Set G4S plc (GFS) Price Target at $307.00
G4S plc (LON:GFS) has earned a consensus recommendation of “Hold” from the twelve ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 307 ($4.31).
Several equities analysts have recently weighed in on the company. Citigroup upgraded G4S to a “buy” rating and set a GBX 350 ($4.92) price objective for the company in a report on Monday, January 15th. Credit Suisse Group reduced their price objective on G4S from GBX 350 ($4.92) to GBX 330 ($4.63) and set an “outperform” rating for the company in a report on Wednesday, January 3rd. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 385 ($5.41) price target on shares of G4S in a research report on Thursday, December 21st. HSBC dropped their price target on shares of G4S from GBX 245 ($3.44) to GBX 230 ($3.23) and set a “reduce” rating for the company in a research report on Friday, November 17th. Finally, Deutsche Bank dropped their price target on shares of G4S from GBX 330 ($4.63) to GBX 325 ($4.56) and set a “buy” rating for the company in a research report on Thursday, November 9th.
Shares of G4S (GFS) traded down GBX 3.80 ($0.05) during midday trading on Tuesday, hitting GBX 280.80 ($3.94). The stock had a trading volume of 2,919,950 shares, compared to its average volume of 3,810,000. The company has a market cap of $4,380.00 and a PE ratio of 1,560.00. G4S has a 12 month low of GBX 247.80 ($3.48) and a 12 month high of GBX 342.60 ($4.81).
COPYRIGHT VIOLATION WARNING: “Brokerages Set G4S plc (GFS) Price Target at $307.00” was published by Watch List News and is the property of of Watch List News. If you are reading this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.watchlistnews.com/brokerages-set-g4s-plc-gfs-price-target-at-307-00/1840208.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.
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.