ADT Inc (ADT) Receives Consensus Rating of “Buy” from Brokerages

ADT Inc (NYSE:ADT) has received a consensus rating of “Buy” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $15.80.

Several equities research analysts have recently issued reports on ADT shares. Deutsche Bank started coverage on ADT in a research report on Tuesday. They set a “buy” rating for the company. Citigroup started coverage on ADT in a research report on Tuesday. They set a “buy” rating and a $16.00 target price for the company. Goldman Sachs Group started coverage on ADT in a report on Tuesday. They issued a “buy” rating for the company. Bank of America started coverage on ADT in a report on Tuesday. They issued a “buy” rating for the company. Finally, Credit Suisse Group started coverage on ADT in a report on Tuesday. They issued a “neutral” rating and a $14.00 price objective for the company.

Shares of ADT (NYSE:ADT) opened at $12.96 on Tuesday. ADT has a 12-month low of $11.12 and a 12-month high of $12.97. The stock has a market capitalization of $9,500.00 and a price-to-earnings ratio of -26.00.

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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.

Analyst Recommendations for ADT (NYSE:ADT)

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