G4S Stock Cut to Hold at Zacks (GFSZY)

G4S PLC UNSP Cut to Hold at Zacks (GFSZY)

Zacks cut shares of G4S PLC UNSP (OTCMKTS:GFSZY) from a buy rating to a hold rating in a research report released on Friday.

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. “

G4S opened at 20.50 on Friday. The company has a 50-day moving average of $21.23 and a 200-day moving average of $22.17. The stock has a market capitalization of $6.33 billion and a price-to-earnings ratio of 37.27. G4S PLC UNSP has a 52-week low of $19.48 and a 52-week high of $23.68.

Several other brokerages also recently commented on GFSZY. Stifel Nicolaus initiated coverage on G4S PLC UNSP in a research note on Tuesday, April 21st. They issued a buy rating for the company. BNP Paribas lowered G4S PLC UNSP from an outperform rating to a neutral rating in a research report on Thursday.

Finally, Goldman Sachs lowered G4S PLC UNSP to a sell rating in a report on Thursday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. G4S PLC UNSP currently has an average rating of Hold and a consensus target price of $25.00.

Source: zacks.com
0 Comments