JPMorgan Chase & Co. increased its stake in Brink’s Company by 34.0% in Q3, now owning 206,737 shares valued at $24.16 million. Other institutional investors also adjusted their positions, with overall institutional ownership reaching 94.96%. Analysts generally rate Brink’s as a “Moderate Buy” with an average target price of $163.00, following strong Q4 earnings, but a proposed acquisition of NCR Atleos has introduced some market and legal uncertainty.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
JPMorgan Chase & Co. Has $24.16 Million Stock Holdings in Brink's Company (The) $BCO
JPMorgan Chase & Co. increased its stake in Brink’s Company by 34.0% in Q3, now owning 206,737 shares valued at $24.16 million. Other institutional investors also adjusted their positions, with overall institutional ownership reaching 94.96%. Analysts generally rate Brink’s as a “Moderate Buy” with an average target price of $163.00, following strong Q4 earnings, but a proposed acquisition of NCR Atleos has introduced some market and legal uncertainty.