Adt (ADT) Gets a Buy Rating from RBC Capital

By Austin Angelo

RBC Capital analyst Seth Weber maintained a Buy rating on Adt (ADTResearch Report) on May 8 and set a price target of $10.00. The company’s shares closed last Friday at $5.65.

According to TipRanks.com, Weber is a 4-star analyst with an average return of 5.4% and a 51.1% success rate. Weber covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Manitowoc Company, and Caterpillar.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adt with a $7.31 average price target, a 32.4% upside from current levels. In a report issued on May 7, Credit Suisse also maintained a Buy rating on the stock with a $7.00 price target.

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The company has a one-year high of $9.71 and a one-year low of $3.41. Currently, Adt has an average volume of 2.21M.

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ADT, Inc. is engaged in providing monitored security, interactive home, and business automation and related monitoring services. It offers residential, commercial, and multi-site customers a set of burglary, video, access control, fire and smoke alarm, and medical alert solutions. The company was founded in 2015 and is headquartered in Boca Raton, FL.