Ingersoll-Rand plc (Ireland) (IR) has been under a strong bear grip, hence the stock is down -0.33% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.92% in the past 1 week. The stock has risen by 5.09% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.86% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 3.64% and the 50-Day Moving Average is 2.09%.The 200 Day SMA reached 11.42%
Ingersoll-Rand plc (Ireland) (NYSE:IR): After opening at $67.31, the stock dipped to an intraday low of $67.26 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $68.22 and the buying power remained strong till the end. The stock closed at $67.94 for the day, a gain of 1.25% for the day session. The total traded volume was 2,132,581. The stocks close on the previous trading day was $67.94.
Ingersoll-Rand plc (Ireland) (IR) : Average target price received by Ingersoll-Rand plc (Ireland) (IR) is $74.08 with an expected standard deviation of $4.99. The most aggressive target on the stock is $80, whereas the most downbeat target is $60. 13 financial analysts are currently covering the stock.
Ingersoll-Rand Public Limited Company (IR-Ireland) is a diversified, global company that 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 is also engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products. The Company focuses on parts, service, used equipment and rentals. Its business segments consist of Climate and Industrial. The Climate segment includes Trane and American Standard Heating and Air Conditioning, which provides heating, ventilation and air conditioning (HVAC) systems; commercial and residential building services, parts, support and controls, and Thermo King transport temperature control solutions. The Industrial segment includes Ingersoll Rand compressed air systems and services, power tools, material handling systems, ARO fluid management equipment, Club Car golf, utility and rough terrain vehicles.