Zacks Investment Research downgraded Brink's Company (NYSE:BCO) to Hold in a report released today.
- Updated: October 4, 2016
Zacks Investment Research has downgraded Brink's Company (NYSE:BCO) to Hold in a report released on Tuesday October 04, 2016.
Previously on 09/28/2016, Zacks Investment Research reported about Brink's Company (NYSE:BCO) raised the target price from $0.00 to $42.00. At the time, this indicated a possible upside of 0.15%.
Yesterday Brink's Company (NYSE:BCO) traded -1.87% lower at $37.44. The company’s 50-day moving average is $36.45 and its 200-day moving average is $32.63. The last stock close price is up 12.58% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 198,727 shares of the stock were exchanged, down from an average trading volume of 394,309
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Brink's Company has a 52 week low of $25.87 and a 52 week high of $37.92 with a P/E ratio of 1,933.68 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is $38.00 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About 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, 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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