There are several key takeaways about Allegion Public Limited Company (ALLE). Allegion has been outperforming the market, despite some daily volatility, a generally positive outlook. There are concerns about insiders selling, potentially signaling caution. Q3-2024 financial reports displayed solid results, matching estimates. The company's portfolio has expanded with the acquisitions of SOSS Door Hardware, Krieger Specialty Products, and Stanley's Access Technologies. Furthermore, Allegion's executive team sees a new appointment with Stacy Cozad as General Counsel. Looking towards the future, Allegion aims to innovate within the institutional market by launching the Schlage XE360 series wireless locks and revolutionizing drive-thru experiences. Key stakeholders are quite optimistic and price targets were raised to $137.00 and $150.00 at Mizuho. However, concerns remain regarding potential risk in the company's share price.
Allegion Public Limited Company ALLE News Analytics from Fri, 04 Sep 2020 11:49:05 GMT to Fri, 08 Nov 2024 22:17:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 4
