3 days ago
Goldman Sachs Remains a Hold on Prosegur Cash (0RNO)
Goldman Sachs analyst Suhasini Varanasi maintained a Hold rating on Prosegur Cash (0RNO – Research Report) today and set a price target of €0.80. The company's shares closed yesterday at €0.81.
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Varanasi covers the Industrials sector, focusing on stocks such as Brenntag AG, Adecco Group AG, and Prosegur Compania de Seguridad. According to TipRanks, Varanasi has an average return of 2.2% and a 50.68% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Prosegur Cash with a €0.80 average price target.
Based on Prosegur Cash's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €516.1 million and a net profit of €23 million. In comparison, last year the company earned a revenue of €470.5 million and had a net profit of €17.7 million
