Mizuho, Wells Fargo, Barclays, and The Goldman Sachs Group have all predicted strong price appreciation for
Allegion's (NYSE:ALLE) stock. Additionally, Allegion's Q2 earnings and revenues have exceeded estimates and increased Y/Y, which makes their outlook promising. The company has also broadened its digital access portfolio with the €330M acquisition of
ELATEC and the purchase of
Waitwhile's software platform, demonstrating innovative growth. This trend of expansion has produced encouraging financial results in Q2, with the company
advising strong market dynamics and a raised FY23 outlook. Allegion has
surpassed industry average ROE, indicating efficient usage of investor's capitals. Even amidst these developments, some investors such as Beacon Investment, Los Angeles Capital management, and Morningstar Investment Services, have reduced their holdings in ALLE.
Allegion Public Limited Company ALLE News Analytics from Mon, 15 Aug 2016 17:58:53 GMT to Sat, 26 Jul 2025 18:43:25 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3
