AlarmCom Hldg Inc (NDAQ:ALRM) had its price target upped by Stifel Nicolaus from $27.00 to $29.00 in a report released on Thursday. The brokerage currently has a hold rating on the stock.
AlarmCom Hldg (NDAQ:ALRM) traded up 0.82% during mid-day trading on Thursday, reaching $33.26. 44,978 shares of the company were exchanged. The stock’s 50-day moving average price is $28.97 and its 200-day moving average price is $28.51. AlarmCom Hldg has a 1-year low of $19.91 and a 1-year high of $34.43. The stock has a market capitalization of $1.53 billion and a price-to-earnings ratio of 151.18.
About AlarmCom Hldg
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.