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Equities research analysts at Imperial Capital hoisted their price target on shares of Tyco International (NYSE:TYC) from $37.00 to $45.00 in a research note issued to investors on Monday, American Banking and Market News reports. The firm currently has an “outperform” rating on the stock. Imperial Capital’s target price would indicate a potential upside of 11.14% from the stock’s previous close.

Tyco International (NYSE:TYC) opened at 40.74 on Monday. Tyco International has a one year low of $29.96 and a one year high of $42.08. The stock’s 50-day moving average is $40.25 and its 200-day moving average is $36.65. The company has a market cap of $18.903 billion and a price-to-earnings ratio of 29.77.

Tyco International (NYSE:TYC) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.47 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.45 by $0.02. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter last year, the company posted $0.40 earnings per share. Tyco International’s revenue was up 1.8% compared to the same quarter last year. On average, analysts predict that Tyco International will post $2.14 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Imperium Capital raised their price target on shares of Tyco International from $37.00 to $45.00 in a research note to investors on Monday. Separately, analysts at Citigroup Inc. upgraded shares of Tyco International from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, January 8th. Finally, analysts at Credit Suisse upgraded shares of Tyco International from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, January 6th. They now have a $46.00 price target on the stock, up previously from $36.00. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $41.89.

Tyco International Ltd is a Switzerland-based holding company of Tyco Group. The Tyco Group (NYSE:TYC) is a diversifies, global provider of diversified products ranging from electronic security and alarm monitoring to fire-fighting equipment and breathing apparatus, water purification and flow control solutions.

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