G4S: UBS maintains 'buy' rating, but cuts target price
(CercleFinance.com) - UBS has reinstated its "buy" rating on G4S, while cutting its corresponding target price from 300 pence to 235 pence, which represents upside potential of 28% for the share of the British security services provider.
“Momentum has disappointed but we find many negatives priced in and assess future value creation options” UBS said, which added that it is taking “One step back but options remain”.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
“Momentum has disappointed but we find many negatives priced in and assess future value creation options” UBS said, which added that it is taking “One step back but options remain”.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.