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Equities researchers at Acumen Capital upped their target price on shares of Alarmforce Industries (TSE:AF) from C$10.90 to C$11.60 in a research report issued on Friday. The firm currently has a “hold” rating on the stock. Acumen Capital’s target price would suggest a potential upside of 4.04% from the stock’s previous close.

Shares of Alarmforce Industries (TSE:AF) traded up 0.45% during mid-day trading on Friday, hitting $11.20. 27,489 shares of the company’s stock traded hands. Alarmforce Industries has a 1-year low of $8.66 and a 1-year high of $11.60. The stock’s 50-day moving average is $10.6 and its 200-day moving average is $10.40. The company has a market cap of $133.7 million and a P/E ratio of 20.65.

AlarmForce Industries Inc (TSE:AF) is engaged in providing security alarm monitoring, personal emergency response monitoring and related services to subscribers throughout Canada and selected centers across the United States.

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