Ingersoll-Rand (NYSE:IR) has been upgraded from Market Perform to Outperform in a statement by Wells Fargo earlier today.
- Updated: March 20, 2017
Boasting a price of $80.99, Ingersoll-Rand (NYSE:IR) traded 0.42% higher on the day. With the last stock price close up 10.24% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Ingersoll-Rand has recorded a 50-day average of $80.21 and a two hundred day average of $73.78. Volume of trade was down over the average, with 86,893 shares of IR changing hands under the typical 1,812,590
Wells Fargo has upgraded Ingersoll-Rand (NYSE:IR) from Market Perform to Outperform in a statement released on 3/20/2017.
With a total market value of $0, Ingersoll-Rand has price-earnings ratio of 14.40 with a one year low of $59.10 and a one year high of $82.17 .
A total of 20 analysts have released a research note on Ingersoll-Rand. Seven analysts rating the company a strong buy, eight analysts rating the company a buy, nine analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $70.05.
More About Ingersoll-Rand (NYSE:IR)
Ingersoll-Rand Public Limited Company provides products, services and solutions to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables. The Company's business segments include Climate and Industrial. It is engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products that include brand names, such as Ingersoll-Rand, Trane, American Standard, ARO and Club Car. Its Climate segment includes Trane and American Standard Heating and Air Conditioning, which provide heating, ventilation and air conditioning systems, and commercial and residential building services, parts, support and controls. It offers energy services and building automation through Trane Building Advantage and Nexia. Its Industrial segment includes compressed air and gas systems and services, power tools, material handling systems, ARO fluid management equipment, as well as Club Car golf, utility and rough terrain vehicles.
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