Based on ratings from 11 stock analysts, the Allegion PLC stock price is expected to increase by 5.36% in 12 months. This is calculated by using the average 12-month stock price forecast for Allegion PLC. The lowest target is $110 and the highest is $165. Please note analyst price targets are not guaranteed and could be missed completely.
Allegion PLC has a total of 11 Wall St Analyst ratings. There are 3 buy ratings, 6 ratings, and 2 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Allegion PLC will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of ALLE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Julian Mitchell Barclays | Underweight | $137 | Maintains | Oct 28, 2024 |
Timothy Wojs Baird | Neutral | $152 | Maintains | Oct 25, 2024 |
Brett Linzey Mizuho | Neutral | $150 | Maintains | Oct 17, 2024 |
Joseph O'Dea Wells Fargo | Equal-Weight | $152 | Maintains | Oct 7, 2024 |
Julian Mitchell Barclays | Underweight | $135 | Maintains | Oct 2, 2024 |
Julian Mitchell Barclays | Underweight | $117 | Maintains | Jul 25, 2024 |
Joseph O'Dea Wells Fargo | Equal-Weight | $137 | Maintains | Jul 25, 2024 |
Barclays | Underweight | Maintains | Jul 11, 2024 | |
Joseph O'Dea Wells Fargo | Equal-Weight | $125 | Maintains | Jul 10, 2024 |
Julian Mitchell Barclays | Underweight | $112 | Maintains | Jul 10, 2024 |
Julian Mitchell Barclays | Underweight | $116 | Downgrade | Jun 4, 2024 |
Chris Snyder UBS | Neutral | $132 | Maintains | Apr 16, 2024 |
Julian Mitchell Barclays | Equal-Weight | $122 | Maintains | Apr 2, 2024 |
Brett Linzey Mizuho | Neutral | $141 | Downgrade | Feb 23, 2024 |
Julian Mitchell Barclays | Equal-Weight | $121 | Maintains | Feb 21, 2024 |
Joseph O'Dea Wells Fargo | Equal-Weight | $140 | Downgrade | Feb 21, 2024 |
Joseph O'Dea Wells Fargo | Overweight | $139 | Maintains | Dec 19, 2023 |
Julian Mitchell Barclays | Equal-Weight | $119 | Downgrade | Dec 4, 2023 |
Jeffrey Sprague Vertical Research | Hold | $100 | Downgrade | Oct 19, 2023 |
David Macgregor Longbow Research | Neutral | Downgrade | Sep 6, 2023 |
When did it IPO
2013
Staff Count
12,200
Country
Ireland
Sector/Industry
Industrials/Security & Protection Services
CEO
Mr. John H. Stone
Market Cap
$12.22B
In 2023, ALLE generated $3.65B in revenue, which was a increase of 11.58% from the previous year. This can be seen as a signal that ALLE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Allegion plc (NYSE: ALLE) declared a quarterly dividend of $0.48 per share, payable on Dec. 31, 2024, to shareholders of record on Dec. 17, 2024.
Why It Matters - The declaration of a quarterly dividend reflects Allegion's financial health and commitment to returning value to shareholders, which can boost investor confidence and stock performance.
Summary - Allegion US has launched enhancements to its credential technology, enabling Schlage mobile credentials to be used in Google Wallet on Wear OS smartwatches, marking a first in the industry.
Why It Matters - Allegion's innovation in mobile credential technology enhances its competitive edge, potentially driving revenue growth and increasing market share in the security solutions sector.
Summary - Allegion plc appointed Gregg Sengstack to its Board of Directors, expanding it to nine members with eight independent directors. Sengstack will join key committees including Audit and Finance.
Why It Matters - Gregg Sengstack's appointment to Allegion's board enhances governance and financial oversight, potentially boosting investor confidence and company performance.
Summary - Increased demand for safety and security enhances the outlook for the Zacks Security and Safety Services industry, with notable stocks including ALLE, MSA, ADT, and ALRM.
Why It Matters - Increased demand for safety and security enhances growth potential for companies like ALLE, MSA, ADT, and ALRM, indicating potential investment opportunities in this sector.
Summary - Investors in the Security and Safety Services sector are considering Allegion (ALLE) and Axon Enterprise (AXON) for potential value investments.
Why It Matters - The comparison of Allegion and Axon Enterprise highlights potential investment opportunities in the Security and Safety Services sector, guiding value investors in their stock selection.
Summary - Allegion Ventures led a Series A funding round for Serenity, a provider of AI-powered EHS software solutions, enhancing its strategic portfolio in workplace safety and compliance.
Why It Matters - Allegion's investment in Serenity highlights a growing focus on AI and safety solutions, signaling potential growth in the EHS sector, which could drive future returns for investors in related industries.