J P Morgan Chase & Co reiterated their overweight rating on shares of G4S plc (LON:GFS) in a report released on Wednesday morning, Marketbeat Ratings reports. J P Morgan Chase & Co currently has a GBX 345 ($4.54) target price on the stock.
Other equities analysts have also recently issued research reports about the stock. Jefferies Group LLC upgraded shares of G4S plc to a buy rating and lifted their target price for the stock from GBX 270 ($3.55) to GBX 330 ($4.34) in a research report on Wednesday, November 1st. Morgan Stanley cut shares of G4S plc to an equal weight rating and cut their target price for the stock from GBX 330 ($4.34) to GBX 315 ($4.14) in a research report on Monday, August 14th. BNP Paribas restated an underperform rating and set a GBX 220 ($2.89) target price on shares of G4S plc in a research report on Wednesday, July 12th. Finally, Deutsche Bank AG upgraded shares of G4S plc to a buy rating and cut their target price for the stock from GBX 340 ($4.47) to GBX 330 ($4.34) in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 304.27 ($4.00).
Shares of G4S plc (GFS) traded down GBX 1.30 ($0.02) during midday trading on Wednesday, hitting GBX 258.60 ($3.40). 4,510,255 shares of the company traded hands, compared to its average volume of 4,860,000. G4S plc has a 12-month low of GBX 221.40 ($2.91) and a 12-month high of GBX 342.60 ($4.51).
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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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