A statement released earlier today by Imperial Capital about The Brink's Company (NYSE:BCO) raises the target price to $38.00
- Updated: September 19, 2016
Displaying a price of $33.16, The Brink’s Company (NYSE:BCO) traded 3.35% higher on the day. The last close is up 12.37% relative to the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the date range. BCO has recorded a 50-day moving average of $36.18 and two hundred day average of $32.13. Trading volume was was up over the average, with 722,854 shares of BCO changing hands over the typical 418,258 shares.
Stating a possible upside of 0.15%, Imperial Capital raised the estimated target of The Brink’s Company (NYSE:BCO) to $38
Previously on 5/20/2016, Imperial Capital reported about The Brink’s Company(NYSE:BCO) raised the target price from $30.00 to $31.50. At the time, this suggested an upside of 0.12%.
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Also covering The Brink’s Company’s price target, a total of 1 equity analyst has released a ratings update on the company. The consensus target is $38.00 with 0 rating the company a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 analysts rating the company as sell.
With a market cap of $0.0, The Brink’s Company has a 52 week low of $25.80 and a 52 week high of $37.85 with a price-earnings ratio of 1,901.
General Information About The Brink’s Company (NYSE:BCO)
The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company’s solutions include cash-in-transit, automated teller machine (ATM) replenishment and maintenance, international transportation of valuables, cash management and payment services, to financial institutions, retailers, government agencies (including central banks), mints, jewelers and other commercial operations around the world. The Company operates through nine segments: U.S., France, Mexico, Brazil, Canada, Latin America, Europe, Middle East and Africa (EMEA), Asia and Payment Services. Its cash-in-transit services include the transportation of cash between businesses and financial institutions, such as banks and credit unions; cash, and securities and other valuables between commercial banks and central banks. The Company’s global network serves customers in over 100 countries and includes ownership interest in over 40 countries and agency relationships with companies in additional countries.
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