.jpg "Ingersoll-Rand (NYSE: IR)")
In a report released today, Gautam Khanna from Cowen & Co. maintained a Buy rating on Ingersoll-Rand (IR), with a price target of $115. The company’s shares opened today at $93.70.
According to TipRanks.com, Khanna is a 4-star analyst with an average return of 7.9% and a 56.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and Vista Outdoor.
Ingersoll-Rand has an analyst consensus of Strong Buy, with a price target consensus of $109.50, which is a 16.9% upside from current levels. In a report issued on January 11, Barclays also maintained a Buy rating on the stock with a $110 price target.
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Ingersoll-Rand’s market cap is currently $22.84B and has a P/E ratio of 14.94. The company has a Price to Book ratio of 3.13.
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Ingersoll-Rand Plc engages in the provision of products, services, and solutions to enhance the quality, energy efficiency and comfort of air in homes and buildings, transport and protect food and perishables and increase industrial productivity and efficiency. It operates through Climate and Industrial segments.
