Deutsche Bank AG Trims G4S plc (GFS) Target Price to GBX 325
G4S plc (LON:GFS) had its price target reduced by Deutsche Bank AG from GBX 330 ($4.34) to GBX 325 ($4.27) in a research note published on Thursday morning, StockTargetPrices.com reports. Deutsche Bank AG currently has a buy rating on the stock.
Other research analysts have also recently issued reports about the company. Jefferies Group LLC reissued a buy rating and set a GBX 330 ($4.34) price objective on shares of G4S plc in a report on Wednesday. J P Morgan Chase & Co reissued an overweight rating and set a GBX 345 ($4.54) price objective on shares of G4S plc in a report on Wednesday. Morgan Stanley cut G4S plc to an equal weight rating and cut their price objective for the company from GBX 330 ($4.34) to GBX 315 ($4.14) in a report on Monday, August 14th. Finally, BNP Paribas reaffirmed an underperform rating and issued a GBX 220 ($2.89) price target on shares of G4S plc in a report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of GBX 304.27 ($4.00).
Shares of G4S plc (LON GFS) traded down GBX 1.30 ($0.02) during midday trading on Thursday, hitting GBX 258.60 ($3.40). The company’s stock had a trading volume of 4,510,255 shares, compared to its average volume of 4,860,000. G4S plc has a 12 month low of GBX 221.40 ($2.91) and a 12 month high of GBX 342.60 ($4.51).
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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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