Zacks Investment Research Upgrades G4S (GFSZY) to Buy
Zacks Investment Research upgraded shares of G4S (OTCMKTS:GFSZY) from a hold rating to a buy rating in a research note released on Thursday morning. The firm currently has $21.00 price target on the industrial products company’s stock.
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 brokerages have also issued reports on GFSZY. Jefferies Group upgraded shares of G4S from a hold rating to a buy rating in a research note on Wednesday, November 1st. UBS Group upgraded shares of G4S from a neutral rating to a buy rating in a research note on Monday, January 8th. Deutsche Bank upgraded shares of G4S from a hold rating to a buy rating in a research note on Friday, November 3rd. Finally, Gabelli reiterated a buy rating on shares of G4S in a research note on Wednesday, November 8th. One research 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. G4S presently has a consensus rating of Buy and a consensus target price of $21.50.
Shares of G4S (GFSZY) opened at $19.84 on Thursday. The company has a quick ratio of 1.45, a current ratio of 1.51 and a debt-to-equity ratio of 2.86. G4S has a one year low of $14.93 and a one year high of $22.50.
G4S Company Profile
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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