Zacks Investment Research Downgrades G4S (GFSZY) to Hold
G4S (OTCMKTS:GFSZY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Friday.
According to Zacks, “G4S Plc operates as an integrated security company specializing in the provision of security products, services and solutions. It offers secure solutions, including risk services and consultancy services; access control, CCTV, intruder alarms, fire detection, video analytics and security, and building systems technology integration; mobile security patrol and response services, and alarm receiving and monitoring facilities; secure facilities services; assisting long term unemployed people into work; and manned security services. The Company also provides care and justice services; prisoner escorting; asylum services; electronic monitoring; and police services. It has operations in North America, Europe, Africa, Middle East, Asia/Pacific and Latin America. G4S Plc is based in United Kingdom. “
A number of other research analysts have also recently weighed in on the stock. UBS Group raised shares of G4S from a “neutral” rating to a “buy” rating in a research report on Monday. Gabelli reaffirmed a “buy” rating on shares of G4S in a research report on Wednesday, November 8th. Deutsche Bank raised shares of G4S from a “hold” rating to a “buy” rating in a research report on Friday, November 3rd. Finally, Jefferies Group raised shares of G4S from a “hold” rating to a “buy” rating in a research report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $21.50.
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G4S plc, together with its subsidiaries, engages in the provision of security and related services in the United Kingdom, Ireland, Africa, Asia, the Middle East, Latin America, Europe, and North America. The company offers integrated solutions, including analytics and intelligence, technology and software, consulting and risk management, monitoring and response, and manned and mobile security, as well as design, built, and integration systems.
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