Tyco International (NYSE:TYC)‘s stock had its “outperform” rating reaffirmed by analysts at Imperial Capital in a research report issued to clients and investors on Monday, AnalystRatings.Net reports. They currently have a $37.00 price target on the stock. Imperial Capital’s price objective suggests a potential upside of 8.16% from the company’s current price.
A number of other analysts have also recently weighed in on TYC. Analysts at Morgan Stanley upgraded shares of Tyco International from an “equal weight” rating to an “overweight” rating in a research note to investors on Monday, July 1st. They now have a $39.00 price target on the stock, up previously from $36.00. Analysts at JPMorgan Cazenove raised their price target on shares of Tyco International from $28.00 to $30.00 in a research note to investors on Wednesday, May 1st. They now have a “neutral” rating on the stock.
Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $38.33.
Tyco International (NYSE: TYC) opened at 34.21 on Monday. Tyco International has a 52-week low of $26.17 and a 52-week high of $58.12. The stock’s 50-day moving average is currently $34.09. The company’s market cap is $15.839 billion.
Tyco International (NYSE:TYC) last announced its earnings results on Friday, July 26th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same quarter last year, the company posted $1.01 earnings per share. Tyco International’s revenue was up .9% compared to the same quarter last year. Analysts expect that Tyco International will post $1.84 EPS for the current fiscal year.
Tyco International Ltd is a Switzerland-based holding company of Tyco Group. The Tyco Group (NYSE: TYC) is a diversifies, global provider of diversified products ranging from electronic security and alarm monitoring to fire-fighting equipment and breathing apparatus, water purification and flow control solutions.
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