Research analysts at Morgan Stanley assumed coverage on shares of G4S (LON:GFS) in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports. The brokerage set an “equal weight” rating and a GBX 200 ($2.61) price target on the stock. Morgan Stanley’s price objective would suggest a potential downside of 6.80% from the stock’s current price.
A number of other equities research analysts have also commented on GFS. Royal Bank of Canada upped their target price on G4S from GBX 210 ($2.74) to GBX 225 ($2.94) and gave the company a “sector performer” rating in a research report on Monday, January 21st. JPMorgan Chase & Co. lowered G4S to a “neutral” rating in a research report on Wednesday, January 23rd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 270 ($3.53) target price on shares of G4S in a research report on Wednesday, March 6th. Barclays upped their target price on G4S from GBX 200 ($2.61) to GBX 220 ($2.87) and gave the company an “equal weight” rating in a research report on Monday, March 11th. Finally, UBS Group reiterated a “buy” rating on shares of G4S in a research report on Tuesday, March 12th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 225.56 ($2.95).
Shares of LON GFS opened at GBX 214.60 ($2.80) on Tuesday. The company has a market capitalization of $3.34 billion and a P/E ratio of 40.49. G4S has a 52 week low of GBX 173.55 ($2.27) and a 52 week high of GBX 283.10 ($3.70). The company has a debt-to-equity ratio of 336.53, a quick ratio of 1.09 and a current ratio of 1.17.
G4S plc, together with its subsidiaries, engages in the provision of security and related services in the United Kingdom, Ireland, Africa, the Asia Pacific, the Middle East, India, 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 systems design, built, and integration services.
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