Deutsche Bank Reaffirms “Overweight” Rating for G4S (LON:GFS)

Deutsche Bank restated their overweight rating on shares of G4S (LON:GFS) in a research report released on Monday, Digital Look reports. They currently have a GBX 220 ($2.87) target price on the stock, up from their previous target price of GBX 200 ($2.61).

Other equities analysts have also issued research reports about the stock. HSBC boosted their price objective on shares of G4S from GBX 220 ($2.87) to GBX 230 ($3.01) and gave the stock a hold rating in a report on Thursday, April 25th. Morgan Stanley initiated coverage on shares of G4S in a report on Tuesday, May 14th. They issued an equal weight rating and a GBX 200 ($2.61) price objective on the stock. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of GBX 224.50 ($2.93).

Shares of GFS stock opened at GBX 171.40 ($2.24) on Monday. G4S has a 12 month low of GBX 169.80 ($2.22) and a 12 month high of GBX 255.60 ($3.34). The company has a debt-to-equity ratio of 498.26, a current ratio of 1.42 and a quick ratio of 1.35. The firm has a market capitalization of $2.66 billion and a P/E ratio of 65.92. The company’s fifty day moving average price is GBX 193.72 and its two-hundred day moving average price is GBX 204.43.

The business also recently announced a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 5th will be paid a GBX 3.59 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a dividend yield of 1.84%. G4S’s dividend payout ratio (DPR) is presently 3.85%.

G4S Company Profile

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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Analyst Recommendations for G4S (LON:GFS)

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