Ingersoll-Rand plc (Ireland) (IR) : The consensus on Ingersoll-Rand plc (Ireland) (IR) based on 12 analyst recommendation on the company stock is 1.96, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Ingersoll-Rand plc (Ireland) (IR) stock is expected to deviate a maximum of $4.95 from the average target price of $72.46 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $77 and the most muted being $60.
For the current week, the company shares have a recommendation consensus of Buy.
Ingersoll-Rand plc (Ireland) (NYSE:IR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.45 and $66.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.94, notching a gain of 1.61% for the day. The total traded volume was 1,474,554 . The stock had closed at $65.88 on the previous day.
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.