The Street seems to be enamored with armored car firm The Brink's Company (BCO: sentiment, chart, options) , despite its technical performance. Specifically, the stock has trailed the S&P 500 Index (SPX) by more than 45% during the past 60 trading days. Furthermore, the equity has lost 50% since its May high of $41.14.

However, in contrast to its performance on the charts, analysts and investors seem smitten with the stock. According to Zacks, 4 brokerage firms currently rate the shares a "strong buy," while only 1 firm has doled out a "hold" rating. Furthermore, Thomson Financial reports that BCO's average 12-month price target is docked at $43.60, a premium of 119% to the stock's closing price yesterday.

Additionally, short-term option players also seem to be expecting a rally. The security's Schaeffer's put/call open interest ratio (SOIR) is currently listed at 0.09, indicating that calls are more than 10 times more popular than their bearish counterparts. Furthermore, this ratio ranks near an annual low, as short-term option players have been more bullishly aligned just 2% of the time during the past year.

What's more, the stock rallied along with the majority of U.S. stocks today, shrugging off a price-target cut from Jefferies. The brokerage firm slashed its price target from $34 to $30.

In conclusion, followers of BCO should be wary. From a contrarian perspective, the bullish sentiment combined with the plunging prices has bearish implications.