Prosegur: 9M18 results preview: TP cut to €5.9
Prosegur: 9M18 results preview: TP cut to €5.95. Buy
- Prosegur will announce its 9M18 results on 6th November.
- A good 3Q18e but blurred by LatAm forex
- Target price cut to €5.95/share
- Recommendation: Buy
Prosegur, Compania de Seguridad and its subsidiaries are engaged in the provision of security guards and related services; fund transport and handling through a fleet of armored vehicles; alarm and electronic security systems; distribution and auxiliary services, including storage, logistics and distribution services; document transport and courier services; cleaning services and temporary employment. Co. is also engaged in security consulting and external training.
Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.
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