Jefferies Financial Group Lowers Securitas (SCTBF) to Underperform

Securitas (OTCMKTS:SCTBF) was downgraded by equities research analysts at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a research report issued to clients and investors on Monday, The Fly reports.

SCTBF stock opened at $16.45 on Monday.

About Securitas

Securitas AB provides security services in North America, Europe, Latin America, the Middle East, Asia, and Africa. The company operates through three segments: Security Services North America, Security Services Europe, and Security Services Ibero-America. It primarily offers specialized guarding, mobile, monitoring, remote video, on-site, electronic security, fire and safety, and corporate investigation and risk management services.

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