AlarmCom Hldg Inc (NDAQ:ALRM) was upgraded by stock analysts at Imperial Capital from an “in-line” rating to an “outperform” rating in a report released on Friday, StockTargetPrices.com reports. The brokerage presently has a $35.00 price target on the stock, up from their previous price target of $30.00.
Separately, Stifel Nicolaus lifted their price objective on AlarmCom Hldg from $27.00 to $29.00 and gave the company a “hold” rating in a research report on Thursday, March 16th.
Shares of AlarmCom Hldg (NDAQ:ALRM) opened at 32.99 on Friday. AlarmCom Hldg has a 52 week low of $19.91 and a 52 week high of $34.43. The firm has a market cap of $1.52 billion and a price-to-earnings ratio of 149.95. The firm’s 50-day moving average price is $28.97 and its 200-day moving average price is $28.51.
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AlarmCom Hldg Company Profile
Alarm.com Holdings, Inc is a platform solution for the connected home. The Company, through its cloud-based services, makes connected home technology accessible to millions of home and business owners. The Company operates through two segments: Alarm.com and Other. The Company’s Alarm.com segment represents its cloud-based platform for the connected home and related connected home solutions.
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