ADT (ADT) Earns Buy Rating from Analysts at Bank of America

Investment analysts at Bank of America began coverage on shares of ADT (NYSE:ADT) in a report released on Tuesday, The Fly reports. The brokerage set a “buy” rating on the health services provider’s stock.

A number of other brokerages also recently issued reports on ADT. Credit Suisse Group began coverage on shares of ADT in a research report on Tuesday. They issued a “neutral” rating on the stock. Deutsche Bank assumed coverage on shares of ADT in a research report on Tuesday. They issued a “buy” rating on the stock. Citigroup assumed coverage on shares of ADT in a research report on Tuesday. They set a “buy” rating on the stock. Goldman Sachs Group assumed coverage on shares of ADT in a research report on Tuesday. They set a “buy” rating on the stock. Finally, Imperial Capital assumed coverage on shares of ADT in a research report on Tuesday. They set an “outperform” rating and a $15.00 target price on the stock. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.50.

ADT (NYSE ADT) opened at $12.68 on Tuesday. The stock has a market cap of $9,500.00 and a P/E ratio of -25.36. ADT has a 1 year low of $11.12 and a 1 year high of $12.97.

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ADT Company Profile

ADT Inc is a provider of monitored security, interactive home and business automation and related monitoring services in the United States and Canada. The Company offers a range of products home security systems, home automation, security cameras, fire, home and safety, and monitoring services. It also offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions.

The Fly

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