G4S (LON:GFS) was downgraded by analysts at Deutsche Bank to a “hold” rating in a research report issued on Tuesday, Digital Look reports. They currently have a GBX 170 ($2.22) price objective on the stock. Deutsche Bank’s price objective points to a potential downside of 7.10% from the stock’s previous close.
GFS has been the topic of a number of other research reports. Citigroup restated a “neutral” rating on shares of G4S in a research note on Monday, July 20th. Credit Suisse Group boosted their target price on G4S from GBX 170 ($2.22) to GBX 185 ($2.42) and gave the stock an “outperform” rating in a research note on Monday, July 27th. JPMorgan Chase & Co. boosted their target price on G4S from GBX 125 ($1.63) to GBX 160 ($2.09) and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Jefferies Financial Group boosted their target price on G4S from GBX 115 ($1.50) to GBX 140 ($1.83) and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Finally, Royal Bank of Canada assumed coverage on G4S in a research note on Tuesday. They issued an “outperform” rating and a GBX 215 ($2.81) target price on the stock. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 170 ($2.22).
Shares of GFS opened at GBX 183 ($2.39) on Tuesday. The company has a debt-to-equity ratio of 543.28, a quick ratio of 1.33 and a current ratio of 1.42. The stock has a 50 day moving average price of GBX 145.83 and a two-hundred day moving average price of GBX 119.97. The firm has a market capitalization of $2.84 billion and a P/E ratio of 166.36. G4S has a 52 week low of GBX 69.92 ($0.91) and a 52 week high of GBX 223.50 ($2.92).
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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