.jpg "Ingersoll Rand (NYSE: IR)")
Morgan Stanley analyst Joshua Pokrzywinski maintained a Buy rating on Ingersoll Rand (IR) today and set a price target of $33.00. The company’s shares closed last Wednesday at $25.57.
According to TipRanks.com, Pokrzywinski is a 1-star analyst with an average return of -1.9% and a 43.2% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Emerson Electric Company, and Honeywell International.
Currently, the analyst consensus on Ingersoll Rand is a Moderate Buy with an average price target of $31.50, a 16.5% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $32.00 price target.
See today’s analyst top recommended stocks >>
Ingersoll Rand’s market cap is currently $11.44B and has a P/E ratio of 38.30. The company has a Price to Book ratio of -18.01.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Gardner Denver Holdings Inc is a provider of mission-critical flow control and compression equipment and associated aftermarket parts, consumables, and services. It manufactures compressor, pump, vacuum and blower products in its markets. Its segments are Industrials, Energy, and Medical. In the Industrials segment, the company designs, manufactures, markets and services a broad range of air compression, vacuum and blower products across a wide array of technologies and applications. In the Medical segment, it designs, manufactures and markets specialized gas, liquid and precision syringe pumps, and compressors for use in the medical, laboratory and biotechnology end markets.
