G4S’s (GFS) Outperform Rating Reaffirmed at Credit Suisse Group

G4S (LON:GFS)‘s stock had its “outperform” rating reissued by equities research analysts at Credit Suisse Group in a note issued to investors on Monday. They presently have a GBX 330 ($4.56) target price on the stock. Credit Suisse Group’s price objective would indicate a potential upside of 29.92% from the company’s previous close.

A number of other equities research analysts also recently issued reports on the company. Jefferies Group decreased their price objective on G4S from GBX 330 ($4.56) to GBX 315 ($4.35) and set a “buy” rating on the stock in a research report on Monday. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 345 ($4.77) price objective on shares of G4S in a research report on Monday. SEB Equities upgraded G4S to a “hold” rating in a research report on Friday, March 9th. Citigroup upgraded G4S to a “buy” rating and set a GBX 350 ($4.84) price objective on the stock in a research report on Monday, January 15th. Finally, Royal Bank of Canada restated an “outperform” rating and set a GBX 385 ($5.32) price objective on shares of G4S in a research report on Thursday, December 21st. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 307.40 ($4.25).

Shares of G4S (GFS) opened at GBX 254 ($3.51) on Monday. G4S has a 52-week low of GBX 247.80 ($3.42) and a 52-week high of GBX 342.60 ($4.73). The stock has a market capitalization of $3,940.00 and a P/E ratio of 1,587.50.

G4S (LON:GFS) last issued its quarterly earnings data on Thursday, March 8th. The company reported GBX 17.90 ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 18.20 ($0.25) by GBX (0.30) ($0.00). G4S had a net margin of 4.13% and a return on equity of 38.18%. The company had revenue of GBX 782.80 billion for the quarter.

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About G4S

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.

Analyst Recommendations for G4S (LON:GFS)

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