Citigroup Inc. began coverage on shares of Tyco International Ltd. (NYSE:JCI) in a research note issued to investors on Monday. The firm issued a buy rating and a $54.00 target price on the stock.

JCI has been the topic of several other reports. Cowen and Company began coverage on Tyco International in a research report on Wednesday, September 28th. They set an outperform rating on the stock. Credit Suisse Group AG reiterated an outperform rating and set a $52.00 price target on shares of Tyco International in a research report on Tuesday, August 23rd. Wells Fargo & Co. reiterated a market perform rating on shares of Tyco International in a research report on Wednesday, October 12th. Goldman Sachs Group Inc. reiterated a buy rating and set a $46.00 price target on shares of Tyco International in a research report on Tuesday, November 1st. Finally, Royal Bank Of Canada began coverage on Tyco International in a research report on Tuesday, September 6th. They set a sector perform rating and a $50.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $48.76.

Tyco International (NYSE:JCI) opened at 44.97 on Monday. Tyco International has a 52-week low of $28.94 and a 52-week high of $48.97. The stock’s market capitalization is $42.08 billion. The company’s 50-day moving average price is $43.81 and its 200 day moving average price is $43.86.

Tyco International (NYSE:JCI) last posted its earnings results on Tuesday, November 8th. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.01 by $0.20. Tyco International had a positive return on equity of 15.76% and a negative net margin of 4.09%. The firm had revenue of $10.21 billion for the quarter, compared to analysts’ expectations of $9.64 billion. During the same period last year, the firm earned $0.64 EPS. The firm’s revenue was up 16.6% compared to the same quarter last year. On average, equities research analysts anticipate that Tyco International will post $2.73 earnings per share for the current year.

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A number of institutional investors have recently bought and sold shares of the stock. Chicago Partners Investment Group LLC raised its position in Tyco International by 0.7% in the second quarter. Chicago Partners Investment Group LLC now owns 2,742 shares of the company’s stock valued at $121,000 after buying an additional 20 shares during the period. Founders Capital Management LLC raised its position in Tyco International by 0.8% in the second quarter. Founders Capital Management LLC now owns 4,417 shares of the company’s stock valued at $196,000 after buying an additional 33 shares during the period. Boyer & Corporon Wealth Management LLC raised its position in Tyco International by 0.6% in the second quarter. Boyer & Corporon Wealth Management LLC now owns 8,362 shares of the company’s stock valued at $370,000 after buying an additional 50 shares during the period. Dowling & Yahnke LLC raised its position in Tyco International by 0.3% in the second quarter. Dowling & Yahnke LLC now owns 32,311 shares of the company’s stock valued at $1,430,000 after buying an additional 98 shares during the period. Finally, Asset Advisors Corp raised its position in Tyco International by 0.4% in the second quarter. Asset Advisors Corp now owns 24,100 shares of the company’s stock valued at $1,067,000 after buying an additional 100 shares during the period. Institutional investors own 92.13% of the company’s stock.

Tyco International Company Profile

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

5 Day Chart for NYSE:JCI

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