UBS Group reiterated their buy rating on shares of G4S (LON:GFS) in a report released on Monday, ThisIsMoney.Co.Uk reports.
GFS has been the subject of several other reports. Barclays raised G4S to an overweight rating and set a GBX 220 ($2.87) price objective for the company in a report on Thursday, August 15th. Morgan Stanley lowered their target price on G4S from GBX 200 ($2.61) to GBX 195 ($2.55) and set an equal weight rating for the company in a report on Wednesday, August 14th. Finally, Deutsche Bank reaffirmed an overweight rating and set a GBX 220 ($2.87) target price (up from GBX 200 ($2.61)) on shares of G4S in a report on Monday, August 12th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 222.50 ($2.91).
Shares of G4S stock opened at GBX 190.70 ($2.49) on Monday. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 498.26. The firm has a market cap of $2.97 billion and a P/E ratio of 73.35. G4S has a fifty-two week low of GBX 165.75 ($2.17) and a fifty-two week high of GBX 249 ($3.25). The business has a 50-day moving average price of GBX 181.26 and a 200 day moving average price of GBX 201.08.
The business also recently announced a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 5th will be issued a dividend of GBX 3.59 ($0.05) per share. This represents a dividend yield of 1.84%. The ex-dividend date of this dividend is Thursday, September 5th. G4S’s dividend payout ratio (DPR) is presently 3.85%.
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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