G4S (LON:GFS) Raised to Hold at SEB Equities

G4S (LON:GFS) was upgraded by analysts at SEB Equities to a “hold” rating in a research report issued to clients and investors on Friday, March 9th.

A number of other brokerages also recently issued reports on GFS. Citigroup upgraded shares of G4S to a “buy” rating and set a GBX 350 ($4.84) price target for the company in a research note on Monday, January 15th. Credit Suisse Group decreased their price target on shares of G4S from GBX 350 ($4.84) to GBX 330 ($4.56) and set an “outperform” rating for the company in a research note on Wednesday, January 3rd. Deutsche Bank decreased their price target on shares of G4S from GBX 330 ($4.56) to GBX 325 ($4.49) and set a “buy” rating for the company in a research note on Thursday, November 9th. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 385 ($5.32) price target on shares of G4S in a research note on Thursday, December 21st. Finally, HSBC decreased their price target on shares of G4S from GBX 245 ($3.38) to GBX 230 ($3.18) and set a “reduce” rating for the company in a research note on Friday, November 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 308.90 ($4.27).

Shares of LON GFS remained flat at $GBX 248.10 ($3.43) during midday trading on Friday. G4S has a 52 week low of GBX 247.80 ($3.42) and a 52 week high of GBX 342.60 ($4.73).

G4S (LON:GFS) last issued its quarterly earnings results on Thursday, March 8th. The company reported GBX 17.90 ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 18.20 ($0.25) by GBX (0.30) ($0.00). G4S had a return on equity of 38.18% and a net margin of 4.13%. The firm had revenue of GBX 782.80 billion during the quarter.

In other news, insider Ashley Almanza sold 115,631 shares of the business’s stock in a transaction that occurred on Friday, March 16th. The shares were sold at an average price of GBX 251 ($3.47), for a total transaction of £290,233.81 ($400,986.20).

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About G4S

G4S Plc is a security company specializing in the provision of security and related services to customers. The Company’s segments include Africa, Asia Middle East, Latin America, Europe, North America, and UK & Ireland. It offers Secure solutions products, including manned security and facilities management services, and Cash solutions, mainly the provision of physical cash management services.

Analyst Recommendations for G4S (LON:GFS)

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