Bank of America began coverage on shares of G4S (LON:GFS) in a report published on Wednesday, Stock Target Advisor reports. The brokerage issued a buy rating and a GBX 285 ($3.72) target price on the stock.
Several other research firms have also recently weighed in on GFS. Barclays lifted their target price on G4S from GBX 220 ($2.87) to GBX 230 ($3.01) and gave the company an overweight rating in a research note on Friday, November 8th. UBS Group reaffirmed a buy rating on shares of G4S in a research note on Monday, September 9th. Morgan Stanley lowered their target price on G4S from GBX 200 ($2.61) to GBX 195 ($2.55) and set an equal weight rating on the stock in a research note on Wednesday, August 14th. Deutsche Bank reaffirmed a hold rating on shares of G4S in a research note on Friday, November 8th. Finally, Royal Bank of Canada cut G4S to a sector performer rating in a research note on Friday, November 8th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. G4S currently has an average rating of Hold and an average target price of GBX 227 ($2.97).
LON:GFS traded up GBX 3.20 ($0.04) on Wednesday, hitting GBX 206.50 ($2.70). 4,042,062 shares of the company’s stock traded hands, compared to its average volume of 5,740,000. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 498.26. G4S has a 1 year low of GBX 165.75 ($2.17) and a 1 year high of GBX 241.80 ($3.16). The firm has a 50-day moving average price of GBX 198.60 and a 200-day moving average price of GBX 200.05. The company has a market cap of $3.21 billion and a PE ratio of 79.42.
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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