G4S (LON:GFS) Downgraded to “Hold” at Deutsche Bank

Deutsche Bank lowered shares of G4S (LON:GFS) to a hold rating in a research note released on Tuesday, Digital Look reports. Deutsche Bank currently has GBX 170 ($2.22) price target on the stock.

A number of other research firms have also issued reports on GFS. Jefferies Financial Group increased their price target on G4S from GBX 115 ($1.50) to GBX 140 ($1.83) and gave the company a buy rating in a research report on Wednesday, June 24th. Royal Bank of Canada assumed coverage on G4S in a report on Tuesday. They issued an outperform rating and a GBX 215 ($2.81) price objective on the stock. Citigroup reiterated a neutral rating on shares of G4S in a report on Monday, July 20th. JPMorgan Chase & Co. increased their price objective on G4S from GBX 125 ($1.63) to GBX 160 ($2.09) and gave the company an overweight rating in a report on Thursday, July 23rd. Finally, Credit Suisse Group increased their price objective on G4S from GBX 170 ($2.22) to GBX 185 ($2.42) and gave the company an outperform rating in a report on Monday, July 27th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Buy and an average price target of GBX 170 ($2.22).

GFS stock opened at GBX 181 ($2.37) on Tuesday. The company has a debt-to-equity ratio of 543.28, a current ratio of 1.42 and a quick ratio of 1.33. The firm has a market capitalization of $2.81 billion and a P/E ratio of 164.55. The business’s 50-day moving average is GBX 145.15 and its two-hundred day moving average is GBX 120.09. G4S has a 1 year low of GBX 69.92 ($0.91) and a 1 year high of GBX 223.50 ($2.92).

G4S Company Profile

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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