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A report released today by Zacks Investment Research about AlarmCom Hldg Inc (NASDAQ:ALRM) ups the target price to $35.00

In a report released on 03/20/2017 Zacks Investment Research increased the stock price target of AlarmCom Hldg Inc (NASDAQ:ALRM) to $35.00 reporting a possible upside of 0.12%.

Only yesterday AlarmCom Hldg Inc (NASDAQ:ALRM) traded 5.70% higher at $31.21. ALRM’s 50-day average is $28.97 and its two hundred day average is $28.51. With the last stock price close up 15.71% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same time. 587,707 shares of the stock were exchanged, up from an average trading volume of 233,575

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AlarmCom Hldg Inc (NASDAQ:ALRM)

AlarmCom Hldg Inc has a 52 week low of $19.91 and a 52 week high of $34.43 with a P/E ratio of 149.95 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its price target, a total of 6 analysts have released a report on AlarmCom Hldg Inc. The 12-month price target is $25.58 with 0 firms rating the stock a strong buy, zero equity analysts rating the company a buy, zero brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.

About AlarmCom Hldg Inc (NASDAQ:ALRM)

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. Its Alarm.com segment also includes the results of Horizon Analog, which is a research company that focuses on collection and analysis of data relating energy usage and consumer behavior and energy disaggregation; Secure-i, which is a commercial video as a service provider, and SecurityTrax, which provides software-as-a-service (SaaS)-based customer relationship management software tailored for security system dealers. Its Other segment is focused on researching and developing home and commercial automation and energy management products and services in adjacent markets.

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