G4S plc (LON:GFS) was upgraded by equities researchers at Royal Bank Of Canada to an “outperform” rating in a report released on Thursday. The firm presently has a GBX 260 ($3.22) price target on the stock, up from their previous price target of GBX 170 ($2.10). Royal Bank Of Canada’s target price suggests a potential upside of 12.60% from the company’s current price.
Other equities research analysts have also issued reports about the stock. BNP Paribas reiterated a “neutral” rating and set a GBX 185 ($2.29) price target on shares of G4S plc in a research note on Monday, July 11th. Jefferies Group lifted their price objective on shares of G4S plc from GBX 157 ($1.94) to GBX 160 ($1.98) and gave the company an “underperform” rating in a research note on Thursday, August 11th. Goldman Sachs Group Inc. restated a “neutral” rating and issued a GBX 254 ($3.14) price objective on shares of G4S plc in a research note on Thursday, September 8th. JPMorgan Chase & Co. dropped their price objective on shares of G4S plc from GBX 298 ($3.69) to GBX 281 ($3.48) and set an “overweight” rating on the stock in a research note on Wednesday, July 13th. Finally, Deutsche Bank AG restated a “sell” rating and issued a GBX 165 ($2.04) price objective on shares of G4S plc in a research note on Thursday, August 11th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 224.56 ($2.78).
Shares of G4S plc (LON:GFS) opened at 235.20 on Thursday. The stock’s 50 day moving average is GBX 232.95 and its 200-day moving average is GBX 200.11. The stock’s market capitalization is GBX 3.63 billion. G4S plc has a one year low of GBX 145.00 and a one year high of GBX 252.40.
The firm also recently declared a dividend, which will be paid on Friday, October 14th. Shareholders of record on Thursday, September 1st will be issued a GBX 3.59 ($0.04) dividend. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, September 1st.