G4S (LON:GFS) Stock Upgrade
G4S (LON:GFS) shares were lifted by analysts at Nordea to a solid “Hold” rating in a recent research report issued to clients today. Analysts currently have a GBX 236.07 price target on the shares. Nordea’s price target implies a possible upside of 6.43%.
From a total of 13 analysts covering G4S PLC (LON:GFS) stock, 4 rate it a ”Buy”, 2 a “Sell”, and 7 a ”Hold”. This means that 31% of the ratings are positive. The highest target price is GBX 330 while the lowest target price is GBX 210. The mean of all analyst targets is GBX 259.92 with a 16.35% above today’s (GBX 223.4) stock price. G4S PLC was the topic of 27 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Nordea upgraded shares on November 27 to “Hold” rating. Jefferies maintained shares with “Hold” rating and GBX 260 target share price in a report from an October 21. Credit Suisse maintained GFS stock in a recent report from November 20 with “Neutral” rating. HSBC upgraded the rating on September 25. HSBC has a “Hold” rating and a GBX 215 price target on shares. Finally, RBC Capital Markets maintained the stock with “Underperform” rating in a report issued on a November 13.
The stock increased 0.68% or GBX 1.5 on November 27, striking GBX 223.4. Approximately 4.66 million shares of stock traded hands or 10.69% up from the average. G4S plc (LON:GFS) has declined 23.39% since May 1, 2015 and is downtrending. It has underperformed by 22.50% the S&P500.
G4S Plc is a United Kingdom-based security firm engaged in the provision of security products services and solutions. The company has a market cap of 3.47 billion GBP. The Firm provides services across sectors, including Government, private energy and utilities, gas and oil, transport and logistics, ports and airports, leisure and tourism, financial institutions, mining, corporates and industrials, and retail. It has 54.8 P/E ratio. The Firm has activities in six geographic regions: Africa, Asia Middle East, Latin America, Europe, North America and UK & Ireland.