G4S (GFS) Rating Reiterated by Barclays

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G4S (LON:GFS)‘s stock had its “equal weight” rating restated by research analysts at Barclays in a research note issued on Thursday. They presently have a GBX 200 ($2.61) price target on the stock, down from their prior price target of GBX 270 ($3.53). Barclays’ target price points to a potential upside of 9.23% from the stock’s previous close.

GFS has been the subject of a number of other reports. Royal Bank of Canada downgraded shares of G4S to a “sector performer” rating and lowered their target price for the company from GBX 340 ($4.44) to GBX 210 ($2.74) in a report on Thursday. UBS Group lowered their target price on shares of G4S from GBX 305 ($3.99) to GBX 300 ($3.92) and set a “buy” rating for the company in a report on Monday, September 3rd. Finally, Jefferies Financial Group restated a “buy” rating on shares of G4S in a report on Monday, August 6th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 283.33 ($3.70).

G4S stock traded down GBX 0.70 ($0.01) during trading on Thursday, reaching GBX 183.10 ($2.39). The company had a trading volume of 15,014,681 shares, compared to its average volume of 5,740,000. G4S has a 12-month low of GBX 247.80 ($3.24) and a 12-month high of GBX 342.60 ($4.48).

G4S (LON:GFS) last released its earnings results on Thursday, August 9th. The company reported GBX 7.40 ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 8.20 ($0.11) by GBX (0.80) (($0.01)).

About G4S

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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