Taglich Brothers Reiterates Speculative Buy Rating, $1.85 PT on Command Security Corporation on Mixed Factors

In a report published Friday, Taglich Brothers analyst Juan Noble reiterated a Speculative Buy rating and $1.85 price target on Command Security Corporation MOC. In the report, Taglich Brothers noted, “Reiterate Speculative Buy rating and maintaining (12-month) price target of $1.85 per share. As the US economy strengthens, the security needs of start-up businesses, the increase of security budgets and improved profitability of the US airline industry should drive stronger growth. The uncertainty underlying economic growth forecasts appears to be dissipating slowly. Command's pricing flexibility is still limited by competitive pressures and passenger volume in the airline sector, which are barely growing. Command earned nominal 1Q14 (results released Aug. 14, 2013) profit, essentially break even on a per share basis, on revenue of $38 million. We projected 1Q EPS of $0.02 on revenue of $37.1 million. In the year-earlier quarter, the company earned $0.02 per share on revenue of $35.6 million.” Command Security Corporation closed on Thursday at $1.45.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Analyst ColorReiterationAnalyst RatingsJuan Nobletaglich brothers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!