Tyco International Receives Consensus Recommendation of “Buy” from Brokerages (NYSE:TYC)
Tyco International (NYSE:TYC) has been given a consensus rating of “Buy” by the fourteen ratings firms that are presently covering the stock, StockRatingsNetwork.com reports. Three research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $46.83.
Tyco International (NYSE:TYC) opened at 42.70 on Friday. Tyco International has a 1-year low of $32.84 and a 1-year high of $46.64. The stock has a 50-day moving average of $45.00 and a 200-day moving average of $42.95. The company has a market cap of $18.938 billion and a price-to-earnings ratio of 9.57.
Tyco International (NYSE:TYC) last issued its quarterly earnings data on Friday, July 25th. The company reported $0.54 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.54. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the prior year, the company posted $0.50 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. On average, analysts predict that Tyco International will post $1.99 earnings per share for the current fiscal year.
TYC has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Tyco International in a research note on Wednesday, July 30th. They now have a $47.00 price target on the stock. Separately, analysts at Barclays set a $51.00 price target on shares of Tyco International in a research note on Monday, July 28th. They now have an “overweight” rating on the stock. Finally, analysts at ISI Group raised their price target on shares of Tyco International from $47.00 to $51.00 in a research note on Friday, June 27th. They now have an “outperform” rating on the stock.
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.