Ingersoll-Rand PLC (NYSE:IR) had its target bumped up to $100.00 by Stifel Nicolaus in an issued report announced Thursday April 27, 2017. The new stock price target indicates a possible upside of 0.12% from the company's previous close.
Previously on 04/21/2017, BMO Capital Markets released a statement about Ingersoll-Rand PLC (NYSE:IR) bumped up the target price from $0.00 to $87.00 that suggested an upside of 0.05%.
Showing a price of $89.08, Ingersoll-Rand PLC (NYSE:IR) traded 3.53% higher on the day. The last stock price is up 15.30% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. IR has recorded a 50-day average of $81.40 and a two hundred day average of $76.91. Volume of trade was up over the average, with 3,153,804 shares of IR changing hands over the typical 1,860,830
With a total market value of $0, Ingersoll-Rand PLC has price-earnings ratio of 15.71 with a 52 week low of $59.10 and a 52 week high of $89.06 .
Also covering Ingersoll-Rand PLC's price target, a total of 20 brokerages have issued a ratings update on IR. The one year target is $70.05 with seven equity analysts rating the company a strong buy, 8 brokers rating the stock a buy, 9 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Ingersoll-Rand PLC (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.
The post Stifel Nicolaus recorded Ingersoll-Rand PLC (NYSE:IR), bumping its price target to $100.00 today appeared first on Octafinance.