Breaking Finance News

Imperial Capital announced Allegion PLC (NYSE:ALLE), stepping up its target to $79.00 earlier today

Imperial Capital bumped up the target of Allegion PLC (NYSE:ALLE) to $79.00 indicating a possible upside of 0.10%.

Yesterday Allegion PLC (NYSE:ALLE) traded 0.26% higher at $71.73. The company’s 50-day moving average is $66.22 and its two hundred day average is $67.71. With the last close up 6.21% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. Volume of trade was up over the average, with 1,099,345 shares of ALLE changing hands over the typical 770,802

Performance Chart

Allegion PLC (NYSE:ALLE)

Allegion PLC has 52 week low of $56.88 and a 52 week high of $73.49 with a PE ratio of 30.87 and has a market capitalization of $0.

In addition to Imperial Capital reporting its stock price target, a total of 9 brokerages have issued a ratings update on the company. The average stock price target is $74.33 with 6 analysts rating the company a strong buy, two analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

General Company Details For Allegion PLC (NYSE:ALLE)

Allegion Public Limited Company is a provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. It operates through three segments: Americas; Europe, the Middle East, India and Africa (EMEIA), and Asia Pacific. The Company's products include door closers and controls, electronic security products, exit devices, time, attendance and workforce productivity systems, door and door frames (steel), electronic and biometric access control systems, locks, locksets and key systems, and other accessories. The Company sells its products and solutions under the brands, including CISA, AXA, Briton, Falcon, LCN, Interflex, Von Duprin, Schlage, Milre, PegaSys, SimonsVoss, aptiQ, IVES and Brio. It sells a range of security products and solutions for end users in commercial, institutional and residential facilities around the world, including into the education, healthcare, government and hospitality markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.