Allegion Public Limited Company (ALLE) has been in significant activity in recent times. It has consistently been marked as a strong value and growth stock with its share value showing fluctuations, underperforming and outperforming the market at different times. The company's SVP sold stocks worth $1,164,432.20. The third quarter of 2024 financial report was released showing positive results. Despite these, it was suggested that there could be potential risk indicated by Allegion's share price. However, the price target was raised to $137.00 and later to $152.00, possibly in response to its solid performance. The company's board appointed Lauren B. Peters as Chair and Stacy Cozad as the new General Counsel. Allegion expanded its portfolio with the acquisitions of SOSS Door Hardware, Unicel Architectural, Krieger Specialty Products, Dorcas, and Boss Door Controls. This was further deepened with the announcement to acquire Stanley Black & Decker’s Access Technologies Business for $900 Million. New product, Schlage XE360™ Series Wireless Locks, targeting multifamily applications, was launched. Lastly, Blue Trust Inc. increased its stock holdings in Allegion.
Allegion Public Limited Company ALLE News Analytics from Wed, 17 Apr 2019 07:00:00 GMT to Fri, 01 Nov 2024 21:17:00 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -5
