G4S plc (GFS) Given Underperform Rating at BNP Paribas
BNP Paribas restated their underperform rating on shares of G4S plc (LON:GFS) in a research report sent to investors on Monday morning. BNP Paribas currently has a GBX 195 ($2.55) price objective on the stock.
Other research analysts have also issued research reports about the company. Jefferies Group upped their price objective on G4S plc from GBX 157 ($2.05) to GBX 160 ($2.09) and gave the stock an underperform rating in a report on Thursday, August 11th. Goldman Sachs Group Inc. reaffirmed a neutral rating and set a GBX 254 ($3.32) price objective on shares of G4S plc in a report on Thursday, September 8th. JPMorgan Chase & Co. dropped their price objective on G4S plc from GBX 298 ($3.89) to GBX 281 ($3.67) and set an overweight rating on the stock in a report on Wednesday, July 13th. Deutsche Bank AG reaffirmed a sell rating and set a GBX 165 ($2.15) price objective on shares of G4S plc in a report on Thursday, August 11th. Finally, Beaufort Securities raised G4S plc to a hold rating in a report on Thursday, August 11th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 218.13 ($2.85).
Shares of G4S plc (LON:GFS) traded up 4.42% during mid-day trading on Monday, hitting GBX 243.30. The company’s stock had a trading volume of 2,416,485 shares. G4S plc has a 12-month low of GBX 145.00 and a 12-month high of GBX 259.90. The company’s market cap is GBX 3.76 billion. The stock has a 50-day moving average of GBX 232.09 and a 200-day moving average of GBX 198.29.
The firm also recently disclosed a dividend, which will be paid on Friday, October 14th. Shareholders of record on Thursday, September 1st will be paid a dividend of GBX 3.59 ($0.05) per share. The ex-dividend date is Thursday, September 1st. This represents a yield of 1.58%.
About G4S plc
G4S Plc is a United Kingdom-based security company engaged in the provision of security products services and solutions. The Company provides services across sectors, including Government, private energy and utilities, oil and gas, transport and logistics, ports and airports, leisure and tourism, financial institutions, mining, corporates and industrials, and retail.
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