G4S’s (GFS) “Top Pick” Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reissued their top pick rating on shares of G4S (LON:GFS) in a research report released on Wednesday morning. The brokerage currently has a GBX 340 ($4.44) price target on the stock.

GFS has been the topic of a number of other reports. UBS Group dropped their price objective on shares of G4S from GBX 305 ($3.99) to GBX 300 ($3.92) and set a buy rating on the stock in a research report on Monday, September 3rd. Jefferies Financial Group reissued a buy rating on shares of G4S in a research report on Monday, August 6th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. G4S has an average rating of Buy and a consensus price target of GBX 283.33 ($3.70).

Shares of LON:GFS traded down GBX 0.70 ($0.01) during trading hours on Wednesday, reaching GBX 183.10 ($2.39). The stock had a trading volume of 15,014,681 shares, compared to its average volume of 5,740,000. G4S has a 1 year low of GBX 247.80 ($3.24) and a 1 year high of GBX 342.60 ($4.48).

G4S (LON:GFS) last announced its quarterly earnings data on Thursday, August 9th. The company reported GBX 7.40 ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate 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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