Barclays Upgrades G4S (LON:GFS) to “Overweight”

Barclays upgraded shares of G4S (LON:GFS) to an overweight rating in a research report sent to investors on Thursday morning, Digital Look reports. The firm currently has GBX 220 ($2.87) target price on the stock.

Several other analysts have also issued reports on GFS. Morgan Stanley reduced their target price on shares of G4S from GBX 200 ($2.61) to GBX 195 ($2.55) and set an equal weight rating for the company in a research note on Wednesday, August 14th. Deutsche Bank restated an overweight rating and set a GBX 220 ($2.87) price target (up previously from GBX 200 ($2.61)) on shares of G4S in a research report on Monday, August 12th. Finally, HSBC increased their price target on shares of G4S from GBX 220 ($2.87) to GBX 230 ($3.01) and gave the company a hold rating in a research report on Thursday, April 25th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 224.50 ($2.93).

LON GFS opened at GBX 170.45 ($2.23) on Thursday. G4S has a 1 year low of GBX 169.80 ($2.22) and a 1 year high of GBX 255.60 ($3.34). The company has a debt-to-equity ratio of 498.26, a current ratio of 1.42 and a quick ratio of 1.35. The firm has a market cap of $2.64 billion and a price-to-earnings ratio of 65.56. The company has a fifty day moving average price of GBX 193.01 and a 200-day moving average price of GBX 204.26.

The business also recently declared a dividend, which will be paid on Friday, October 11th. Investors of record on Thursday, September 5th will be given a dividend of GBX 3.59 ($0.05) per share. The ex-dividend date is Thursday, September 5th. This represents a yield of 1.84%. G4S’s payout ratio is currently 3.85%.

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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