G4S (LON:GFS)‘s stock had its “equal weight” rating restated by equities researchers at Barclays in a research note issued to investors on Friday. They presently have a GBX 290 ($3.93) price objective on the stock. Barclays’ price target would indicate a potential upside of 8.41% from the stock’s current price.
A number of other research firms have also commented on GFS. SEB Equities raised shares of G4S to a “hold” rating in a research note on Friday, March 9th. JPMorgan Chase reaffirmed an “overweight” rating and issued a GBX 345 ($4.68) price objective on shares of G4S in a research note on Monday, March 12th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 330 ($4.48) price objective on shares of G4S in a research note on Monday, March 12th. Jefferies Group decreased their price objective on shares of G4S from GBX 330 ($4.48) to GBX 315 ($4.27) and set a “buy” rating for the company in a research note on Monday, March 12th. Finally, BNP Paribas raised their price objective on shares of G4S from GBX 220 ($2.98) to GBX 255 ($3.46) and gave the stock a “neutral” rating in a research note on Friday, April 27th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 314 ($4.26).
G4S stock traded up GBX 1.50 ($0.02) during midday trading on Friday, reaching GBX 267.50 ($3.63). The stock had a trading volume of 3,759,087 shares, compared to its average volume of 5,740,000. G4S has a twelve month low of GBX 247.80 ($3.36) and a twelve month high of GBX 342.60 ($4.65).
G4S (LON:GFS) last posted its quarterly earnings data on Thursday, March 8th. The company reported GBX 17.90 ($0.24) EPS for the quarter, missing analysts’ consensus estimates of GBX 18.20 ($0.25) by GBX (0.30) ($0.00). G4S had a return on equity of 38.18% and a net margin of 4.13%. The firm had revenue of GBX 782.80 billion during the quarter.
In other G4S news, insider Ashley Almanza sold 115,631 shares of G4S stock in a transaction on Friday, March 16th. The shares were sold at an average price of GBX 251 ($3.40), for a total transaction of £290,233.81 ($393,697.52).
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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