Wells Fargo analyst Deepa Raghavan maintained a Hold rating on Allegion (ALLE) today. The company’s shares closed last Monday at $114.99.
According to TipRanks.com, Raghavan is a 1-star analyst with an average return of -12.5% and a 0.0% success rate. Raghavan covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Ingersoll-Rand, and Acuity Brands.
Currently, the analyst consensus on Allegion is a Hold with an average price target of $126.40, representing a 10.0% upside. In a report issued on February 19, Morgan Stanley also maintained a Hold rating on the stock with a $129.00 price target.
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The company has a one-year high of $139.24 and a one-year low of $87.10. Currently, Allegion has an average volume of 652.4K.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALLE in relation to earlier this year. Last month, David Petratis, the COB, Pres & CEO of ALLE sold 170,823 shares for a total of $22,376,874.
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.
Allegion Plc provides security products and solutions that keep people safe, secure and productiv. It operates through the following three geographic segments: Americas; Middle East, India, and Africa (EMEIA); and Asia Pacific.
