Zacks Investment Research upgraded shares of G4S (OTCMKTS:GFSZY) from a hold rating to a buy rating in a research note released on Wednesday morning. Zacks Investment Research currently has $19.00 price objective on the industrial products company’s stock.
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. “
Several other research firms have also recently commented on GFSZY. ValuEngine raised G4S from a hold rating to a buy rating in a report on Friday, February 2nd. UBS raised G4S from a neutral rating to a buy rating in a report on Monday, January 8th. Finally, BNP Paribas raised G4S from an underperform rating to a neutral rating in a report on Wednesday, February 21st. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of $20.50.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Monday, July 2nd. Investors of record on Friday, May 4th will be issued a dividend of $0.383 per share. The ex-dividend date is Thursday, May 3rd. G4S’s dividend payout ratio is presently 50.48%.
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G4S plc, together with its subsidiaries, engages in the provision of security and related services in the United Kingdom, Ireland, Africa, Asia, the Middle East, 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 design, built, and integration systems.
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