G4S (NASDAQ:GFSZY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Friday. The brokerage currently has a $23.00 target price on the industrial products company’s stock. Zacks Investment Research‘s target price indicates a potential upside of 9.58% from the company’s current price.
According to Zacks, “G4S Plc operates as an integrated security company specializing in the provision of security products, services and solutions. It offers secure solutions, including risk services and consultancy services; access control, CCTV, intruder alarms, fire detection, video analytics and security, and building systems technology integration; mobile security patrol and response services, and alarm receiving and monitoring facilities; secure facilities services; assisting long term unemployed people into work; and manned security services. The Company also provides care and justice services; prisoner escorting; asylum services; electronic monitoring; and police services. It has operations in North America, Europe, Africa, Middle East, Asia/Pacific and Latin America. G4S Plc is based in United Kingdom. “
GFSZY has been the subject of several other reports. Imperial Capital initiated coverage on shares of G4S in a research report on Friday, April 28th. They set an “outperform” rating and a $22.00 price objective for the company. HSBC Holdings plc downgraded shares of G4S from a “hold” rating to a “reduce” rating in a research report on Monday, March 20th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $22.50.
Shares of G4S (NASDAQ:GFSZY) opened at 20.99 on Friday. G4S has a 12-month low of $10.83 and a 12-month high of $21.10. The company’s 50-day moving average price is $19.90 and its 200-day moving average price is $16.96. The firm has a market capitalization of $6.49 billion and a PE ratio of 25.44.
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