Allegion Public Limited Company (ALLE) has been growing consistently in the recent past, as evidenced by the increased positions of several advisory, asset management, and securities firms including
Oppenheimer & Co. Inc., Lecap Asset Management Ltd., Wealth Enhancement Advisory Services LLC, QRG Capital Management Inc., and Azzad Asset Management Inc. ADV. The company also initiated promising moves like acquiring Novas and ELATEC, which have strengthened their global electronic access portfolio. As a result,
JPMorgan analysts have given Allegion an overweight rating with a
$170 price target. Allegion's financial performance exceeds expectations with strong quarterly earnings and 40% ROE, which is to a higher than average figure. Its latest additions to the Board of Directors and key investment deals bolster investor confidence further. Allegion is additionally being recognized with awards due to its workplace environment and robust growth. In conclusion, Allegion demonstrates consistent growth, robust financial performance, strategic initiatives, and investment interests.
Allegion Public Limited Company ALLE News Analytics from Mon, 15 Aug 2016 17:58:53 GMT to Sat, 28 Jun 2025 07:08:05 GMT -
Rating 8
- Innovation 2
- Rumor -5