Securitas AB (OTCMKTS:SCTBF) Given Average Recommendation of “Hold” by Brokerages

Shares of Securitas AB (OTCMKTS:SCTBF) have received an average rating of “Hold” from the ten brokerages that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company.

Several research firms have recently weighed in on SCTBF. Royal Bank of Canada reiterated an “underperform” rating on shares of Securitas in a report on Thursday, February 11th. Credit Suisse Group cut shares of Securitas from an “outperform” rating to a “neutral” rating in a report on Wednesday, May 19th. Jefferies Financial Group cut shares of Securitas from a “buy” rating to a “hold” rating in a research report on Friday, May 21st. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Securitas in a report on Thursday, May 6th.

SCTBF stock opened at $16.30 on Tuesday. Securitas has a 1-year low of $12.76 and a 1-year high of $17.55. The business’s 50-day simple moving average is $16.81.

About Securitas

Securitas AB offers security services. The company operates through three segments: Security Services North America, Security Services Europe, and Security Services Ibero-America. It primarily offers on-site, mobile and remote guarding, electronic security, fire and safety, and corporate risk management services.

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Analyst Recommendations for Securitas (OTCMKTS:SCTBF)

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