G4S (OTCMKTS:GFSZY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Thursday. The brokerage presently has a $21.00 price target on the industrial products company’s stock. Zacks Investment Research‘s price objective suggests a potential upside of 8.25% from the stock’s previous close.
According to Zacks, “G4S Plc operates as an integrated security company specializing in the provision of security products, services and solutions. It offers secure solutions, including risk services and consultancy services; access control, CCTV, intruder alarms, fire detection, video analytics and security, and building systems technology integration; mobile security patrol and response services, and alarm receiving and monitoring facilities; secure facilities services; assisting long term unemployed people into work; and manned security services. The Company also provides care and justice services; prisoner escorting; asylum services; electronic monitoring; and police services. It has operations in North America, Europe, Africa, Middle East, Asia/Pacific and Latin America. G4S Plc is based in United Kingdom. “
A number of other brokerages have also recently commented on GFSZY. Jefferies Group raised shares of G4S from a “hold” rating to a “buy” rating in a report on Wednesday, November 1st. UBS Group raised shares of G4S from a “neutral” rating to a “buy” rating in a report on Monday. Deutsche Bank raised shares of G4S from a “hold” rating to a “buy” rating in a report on Friday, November 3rd. Finally, Gabelli reaffirmed a “buy” rating on shares of G4S in a report on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. G4S currently has an average rating of “Buy” and a consensus target price of $21.50.
G4S Company Profile
G4S plc, together with its subsidiaries, engages in the provision of security and related services in the United Kingdom, Ireland, Africa, Asia, the Middle East, Latin America, Europe, and North America. The company offers integrated solutions, including analytics and intelligence, technology and software, consulting and risk management, monitoring and response, and manned and mobile security, as well as design, built, and integration systems.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for G4S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for G4S and related companies with MarketBeat.com's FREE daily email newsletter.