G4S plc (GFS) Stock Rating Reaffirmed by Jefferies Group LLC
G4S plc (LON:GFS)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Group LLC in a report released on Wednesday. They currently have a GBX 330 ($4.34) price objective on the stock. Jefferies Group LLC’s target price would suggest a potential upside of 27.46% from the stock’s current price.
A number of other research firms have also recently issued reports on GFS. Deutsche Bank AG raised their target price on G4S plc from GBX 325 ($4.27) to GBX 340 ($4.47) and gave the company a “hold” rating in a research note on Monday, July 24th. BNP Paribas reiterated an “underperform” rating and issued a GBX 220 ($2.89) target price on shares of G4S plc in a research note on Wednesday, July 12th. Morgan Stanley cut G4S plc to an “equal weight” rating and cut their target price for the company from GBX 330 ($4.34) to GBX 315 ($4.14) in a research note on Monday, August 14th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 345 ($4.54) target price on shares of G4S plc in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. G4S plc presently has an average rating of “Hold” and a consensus target price of GBX 304.27 ($4.00).
Shares of G4S plc (GFS) opened at GBX 258.90 ($3.41) on Wednesday. G4S plc has a one year low of GBX 221.40 ($2.91) and a one year high of GBX 342.60 ($4.51).
About G4S plc
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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