Oppenheimer Maintains an 'Outperform' on Brinks Co. (BCO); Meeting with Management

September 7, 2012 9:48 AM EDT
Get Alerts BCO Hot Sheet
Price: $109.14 -1.92%

Rating Summary:
    9 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 16 | New: 37
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Oppenheimer maintains an 'Outperform' on Brinks Co. (NYSE: BCO) price target of $30.00.

Analyst, Ian Zaffino, said, "Europe remains a surprising bright spot, driven by strong Global Services volumes. The US should meet its segment margin goal of 4.5-5.5% in 2012. BCO continues to rein-in capex and will fund its pension with cash, rather than stock. Management has compensation incentives to raise margins to 10% by 2015 (e.g., adjusted EPS of ~$4), vs. 6.8% in 2012E."

For an analyst ratings summary and ratings history on Brinks Co. click here. For more ratings news on Brinks Co. click here.

Shares of Brinks Co. closed at $23.31 yesterday.


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