Securitas AB (publ) (OTCMKTS:SCTBF) Upgraded to “Neutral” by JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Securitas AB (publ) (OTCMKTS:SCTBF – Get Rating) from an underweight rating to a neutral rating in a research note released on Monday morning, The Fly reports.

Separately, Pareto Securities raised shares of Securitas AB (publ) from a hold rating to a buy rating and set a $155.00 price objective for the company in a research report on Monday, April 4th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of Hold and a consensus price target of $133.00.

Securitas AB (publ) Price Performance

OTCMKTS:SCTBF opened at $8.65 on Monday. The company has a 50 day moving average price of $9.32 and a 200 day moving average price of $10.84. Securitas AB has a fifty-two week low of $8.50 and a fifty-two week high of $17.06.

About Securitas AB (publ)

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Securitas AB (publ) provides security services in North America, Europe, Latin America, Africa, the Middle East, Asia, and Australia. The company operates through three segments: Security Services North America, Security Services Europe, and Security Services Ibero-America. It offers on-site guarding, mobile patrol, loss prevention, canine security, track and trace, and reception services, as well as operates Securitas operation centers.

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