G4S (GFS.L) 24-01-20
Will G4S (GFS.L) shares break below the 204p support zone, or will it return to highs of 221p (+7%)?
- Currently trading around the 204p support at 205.8p (at time of writing).
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Highs of 221p have been seen in the recent past. Will we see this again? (+7%)
- Shares -12% from 12-month highs; +22% from 12 month lows.
Latest News
13 Nov: Bank of America Merrill Lynch today initiates coverage of G4S (GFS) with a buy rating and target price of 285p.
08 Nov: Barclays Capital reiterates its overweight rating on G4S (GFS) and increased the target price to 230p (from 220p).
08 Nov: RBC Capital Markets has downgraded its rating on G4S (GFS) to sector performer (from outperform).
07 Nov: G4S announced that revenue grew 4.9% within Q3 as progress in its security segment offset smaller revenue in its ancillary care and justice businesses.
15 Aug: Barclays Capital today initiates coverage of G4S (GFS) with a overweight rating and target price of 220p.
15 Aug: Barclays Capital has upgraded its rating on G4S (GFS) up to overweight (from equal weight).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires