Brokerage firm Macquarie Maintains its rating on Brink's Company(NYSE:BCO). In a research note issued to the investors, the brokerage major Raises the price-target to $38.00 per share. The shares have been rated Neutral. The rating by Macquarie was issued on Sep 16, 2016.
In a different note, On Aug 3, 2016, Imperial Capital said it Upgrades its rating on Brink's Company. In the research note, the firm Raises the price-target to $31.50 per share. The shares have been rated ‘Outperform’ by the firm.
Brink's Company (BCO) made into the market gainers list on Thursdays trading session with the shares advancing 2.74% or 1.01 points. Due to strong positive momentum, the stock ended at $37.87, which is also near the day’s high of $37.92. The stock began the session at $36.99 and the volume stood at 4,10,627 shares. The 52-week high of the shares is $37.85 and the 52 week low is $25.8. The company has a current market capitalization of $1,876 M and it has 4,95,35,599 shares in outstanding.
Brink's Company(BCO) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $716.50M. Analysts had an estimated revenue of $699.03M. Earnings per share were $0.38. Analysts had estimated an EPS of $0.26.
Several Insider Transactions has been reported to the SEC. On Aug 11, 2016, Amit Zukerman (Executive Vice President) sold 10,518 shares at $36.69 per share price.Also, On Jul 18, 2016, Ronald James Domanico (CFO) purchased 16,744 shares at $29.86 per share price.On Jun 17, 2016, George I Stoeckert (director) purchased 7,300 shares at $29.19 per share price, according to the Form-4 filing with the securities and exchange commission.
The Brinks Company (Brinks) is a provider of secure logistics and security solutions. The Companys 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 Companys 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.