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Allegion Public Limited Company ALLE - News Analyzed: 1,494 - Last Week: 42 - Last Month: 236

β‡— Allegion Public Limited Company ALLE: Rising in the Financial Sector with New Acquisitions and Investments

Allegion Public Limited Company ALLE: Rising in the Financial Sector with New Acquisitions and Investments
Allegion Public Limited Company ALLE has been a recurring topic of financial discussions lately. ALLE's share price has been signaled as a sign of potential risk while it simultaneously hits new 12-month highs after an analyst upgrade. A key figure, Lauren B. Peters, has recently been elected as the chair of its board of directors. Several new investments in ALLE were made e.g. by Sanctuary Advisors LLC and Distillate Capital Partners LLC. On the other hand, Truist Financial Corp and Federated Hermes Inc. sold a significant amount of shares. ALLE’s new acquisitions - Unicel Architectural, Krieger Specialty Products and Boss Door Controls, further indicate the growth and expansion of its core business and specification capabilities along with their institutional market portfolio. Significant financial developments include the company’s announced Q2-2024 financial results. Despite these positive outlooks, some brokerages gave a consensus rating of 'Reduce' to ALLE. Barclays raised ALLE's price target to $135.00 hinting improved performance.

Allegion Public Limited Company ALLE News Analytics from Wed, 12 Nov 2014 07:17:10 GMT to Fri, 11 Oct 2024 12:37:30 GMT - Rating 5 - Innovation 2 - Information 7 - Rumor -3

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