Morgan Stanley Thinks Adt Inc’s Stock is Going to Recover

By Ryan Adsit

In a report released today, Toni Kaplan from Morgan Stanley maintained a Buy rating on Adt Inc (NYSE: ADT), with a price target of $15. The company’s shares opened today at $9.03, close to its 52-week low of $8.90.

According to TipRanks.com, Kaplan is a 2-star analyst with an average return of 2.8% and a 62.1% success rate. Kaplan covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Thomson Reuters Corp, and Factset Research.

Currently, the analyst consensus on Adt Inc is Strong Buy and the average price target is $16, representing a 77.2% upside.

In a report released today, Deutsche Bank also maintained a Buy rating on the stock with a $17 price target.

The company has a one-year high of $13.02 and a one-year low of $8.90. Currently, Adt Inc has an average volume of 6.84M.

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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.