Zacks Investment Research disclosed Allegion PLC (NYSE:ALLE), stepping up its target to $76.00 today
- Updated: September 27, 2016
Allegion PLC (NYSE:ALLE) had its price target upped to $76.00 by Zacks Investment Research in a report released 9/27/2016. The new stock price target indicates a potential upside of 0.10% from the company's most recent close.
On 8/2/2016, Imperial Capital released a statement on Allegion PLC (NYSE:ALLE) bumped up the target price from $71.00 to $79.00 that suggested an upside of 0.09%.
Boasting a price of $68.90, Allegion PLC (NYSE:ALLE) traded 0.98% higher on the day. With the last close up 1.43% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Allegion PLC has recorded a 50-day average of $70.21 and a two hundred day average of $67.95. Trade Volume was down over the average, with 210,329 shares of ALLE changing hands under the typical 602,709
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Allegion PLC has a price-earnings ratio of 33.83 with a one year low of $52.95 and a one year high of $73.49 ALLE’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $74.33 with 6 firms rating the stock a strong buy, 2 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About 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.
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