ADT (ADT) Earns “Outperform” Rating from Royal Bank of Canada

ADT (NYSE:ADT)‘s stock had its “outperform” rating reiterated by analysts at Royal Bank of Canada in a report released on Tuesday. They presently have a $16.00 target price on the health services provider’s stock. Royal Bank of Canada’s target price would suggest a potential upside of 26.18% from the company’s previous close.

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

Shares of ADT (ADT) opened at $12.68 on Tuesday. The stock has a market capitalization of $9,500.00 and a PE ratio of -25.36. ADT has a fifty-two week low of $11.12 and a fifty-two week high of $12.97.

COPYRIGHT VIOLATION NOTICE: This report was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another publication, it was illegally copied and republished in violation of U.S. and international trademark and copyright laws. The original version of this report can be accessed at https://www.americanbankingnews.com/2018/02/13/adt-adt-earns-outperform-rating-from-royal-bank-of-canada.html.

About ADT

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.

Receive News & Ratings for ADT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADT and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply