G4S plc (GFS) Stock Rating Reaffirmed by BNP Paribas
G4S plc (LON:GFS)‘s stock had its “underperform” rating reissued by equities researchers at BNP Paribas in a note issued to investors on Monday. They presently have a GBX 195 ($2.38) target price on the stock. BNP Paribas’ price objective would indicate a potential downside of 17.48% from the company’s previous close.
GFS has been the topic of several other reports. Royal Bank Of Canada raised G4S plc to an “outperform” rating and raised their target price for the stock from GBX 170 ($2.07) to GBX 260 ($3.17) in a research note on Thursday, October 13th. Goldman Sachs Group Inc. reissued a “neutral” rating and issued a GBX 189 ($2.30) target price on shares of G4S plc in a research note on Monday, June 27th. Jefferies Group cut their target price on G4S plc from GBX 160 ($1.95) to GBX 157 ($1.91) and set an “underperform” rating on the stock in a research note on Monday, July 4th. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 275 ($3.35) price objective on shares of G4S plc in a research report on Friday, October 7th. Finally, Deutsche Bank AG cut G4S plc to a “sell” rating and cut their price objective for the company from GBX 235 ($2.86) to GBX 165 ($2.01) in a research report on Wednesday, August 3rd. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 224.56 ($2.74).
Shares of G4S plc (LON:GFS) opened at 234.60 on Monday. The stock has a 50 day moving average price of GBX 233.57 and a 200 day moving average price of GBX 201.66. G4S plc has a 52 week low of GBX 145.00 and a 52 week high of GBX 252.40. The stock’s market capitalization is GBX 3.62 billion.
The company also recently disclosed a dividend, which was paid on Friday, October 14th. Investors of record on Thursday, September 1st were issued a GBX 3.59 ($0.04) dividend. The ex-dividend date of this dividend was 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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