Share on StockTwits

Analysts at ISI Group raised their price target on shares of Tyco International (NYSE:TYC) from $47.00 to $51.00 in a research report issued to clients and investors on Friday. The firm currently has an “outperform” rating on the stock. ISI Group’s price objective indicates a potential upside of 11.77% from the company’s current price.

Shares of Tyco International (NYSE:TYC) opened at 45.63 on Friday. Tyco International has a 52 week low of $32.52 and a 52 week high of $46.64. The stock’s 50-day moving average is $44.05 and its 200-day moving average is $41.95. The company has a market cap of $21.048 billion and a P/E ratio of 27.45.

Tyco International (NYSE:TYC) last announced its earnings results on Friday, April 25th. The company reported $0.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.41 by $0.04. The company had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the company posted $0.42 earnings per share. Tyco International’s revenue was up .5% compared to the same quarter last year. On average, analysts predict that Tyco International will post $1.98 earnings per share for the current fiscal year.

TYC has been the subject of a number of other recent research reports. Analysts at Imperial Capital initiated coverage on shares of Tyco International in a research note on Friday. They set an “outperform” rating and a $51.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of Tyco International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 13th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Tyco International in a research note on Monday, April 28th. They now have a $43.00 price target on the stock. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Tyco International has an average rating of “Buy” and an average target price of $45.00.

Tyco International Ltd. (NYSE:TYC) is a diversified company, which provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.