Brink's Company (BCO) is Reiterated by Imperial Capital to In-line, Raises Price Target to $ 31.50

Brink's Company (BCO) was Reiterated by Imperial Capital to “In-line” according to the research note released today. The brokerage firm has raised the Price Target to $ 31.50 from a previous price target of $30 . Imperial Capital advised their investors in a research report released on May 20, 2016.

Many Wall Street Analysts have commented on Brink's Company. BB&T Capital Mkts Initiated Brink's Company on Apr 13, 2016 to “Buy”, Price Target of the shares are set at $38.

On the company’s financial health, Brink's Company reported $0.30 EPS for the quarter, missing the analyst consensus estimate by $ -0.18 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $0.48. The company had revenue of $721.80 million for the quarter, compared to analysts expectations of $689.31 million. The company’s revenue was down -7.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.41 EPS.

Brink's Company closed down -0.63 points or -2.19% at $28.18 with 1,69,721 shares getting traded on Thursday. Post opening the session at $28.56, the shares hit an intraday low of $28.07 and an intraday high of $28.91 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jun 4, 2015, Patricia A Watson (VP & Chief Information Officer) sold 1,162 shares at $32.15 per share price. According to the SEC, on May 26, 2015, Amit Zukerman (Executive Vice President) sold 4,864 shares at $31.79 per share price. On May 26, 2015, Ronald L Turner (director) sold 2,897 shares at $31.85 per share price, according to the Form-4 filing with the securities and exchange commission.

The Brink’s Company (Brink’s) is a provider of secure logistics and security solutions. The Company’s solutions include cash-in-transit automated teller machine (ATM) replenishment and maintenance international transportation of valuables and cash management services to financial institutions retailers government agencies (including central banks) mints jewelers and other commercial operations across the world. The Company’s network serves customers in more than 100 countries and includes ownership interest in 41 countries and agency relationships with companies in additional countries. The Company operates in nine segments: the United States France Mexico Brazil Canada Latin America Europe Middle East and Africa (EMEA) Asia and payment services. The Company designs customized services to meet the cash and valuables supply chain needs of its customers.

Brink's Company

Leave a Reply

Brink's Company - Is it time to Sell?

Top Brokerage Firms are advising their investors on Brink's Company. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.