Securitas (OTCMKTS:SCTBF) Cut to Hold at Pareto Securities

Pareto Securities lowered shares of Securitas (OTCMKTS:SCTBF) from a buy rating to a hold rating in a research note published on Thursday, The Fly reports.

SCTBF has been the topic of several other research reports. Citigroup restated a neutral rating on shares of Securitas in a research note on Thursday, June 25th. JPMorgan Chase & Co. restated an overweight rating on shares of Securitas in a research note on Tuesday, July 21st. Deutsche Bank restated a sell rating on shares of Securitas in a research note on Wednesday, July 8th. Jefferies Financial Group upgraded shares of Securitas from an underperform rating to a hold rating in a research note on Wednesday, June 24th. Finally, HSBC upgraded shares of Securitas from a reduce rating to a hold rating in a research note on Thursday, April 9th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of Hold.

Shares of SCTBF stock opened at $15.04 on Thursday. Securitas has a one year low of $9.51 and a one year high of $15.90. The company’s 50-day moving average is $13.54 and its 200 day moving average is $13.11.

Securitas Company Profile

Securitas AB 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 primarily offers on-site, mobile and remote guarding, electronic security, fire and safety, and corporate risk management services.

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The Fly

Analyst Recommendations for Securitas (OTCMKTS:SCTBF)

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