G4S Stock Rating Lowered by Numis Securities Ltd (GFS)
G4S (LON: GFS) was downgraded by equities research analysts at Numis Securities Ltd to an “add” rating in a research note issued to investors on Tuesday. They currently have a $5.14 (340 GBX) price target on the stock, up from their previous price target of $4.76 (315 GBX).
GFS has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of G4S in a research note to investors on Tuesday. They now have a $5.21 price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research cut their price target on shares of G4S from $4.00 to $3.78 in a research note to investors on Monday. Finally, analysts at Espirito Santo Investment Bank Research downgraded shares of G4S from a “neutral” rating to a “sell” rating in a research note to investors on Monday. They now have a $3.78 price target on the stock, down previously from $4.00.
Two analysts have rated the stock with a sell rating, four have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $4.63 (307 GBX).
Shares of G4S (LON: GFS) traded down 2.18% during mid-day trading on Tuesday, hitting GBX 291.70. G4S has a 52 week low of GBX 237.30 and a 52 week high of GBX 310.50. The stock’s 50-day moving average is currently GBX 262.. The company’s market cap is £4.090 billion.
G4S Plc, along with its subsidiaries, is engaged in provision of secure solutions, including manned security services, care and justice services and security systems, and cash solutions, including the management and transportation of cash and valuables, as well as undertaking of other outsourced business processes in sectors where security and safety risks are considered a threat.
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