Analyst Scoreboard: 4 Ratings For Ingersoll Rand
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) received 4 recent analyst ratings with an average 12-month price target of $77.5, a high estimate of $86.00, and a low estimate of $68.00. The current average target marks a 6.65% increase from the previous average of $72.67. Analysts from Wells Fargo, Citigroup, CFRA, and Stifel have updated their ratings and price targets, with actions ranging from 'Raises' to 'Announces'. Ingersoll Rand's financial performance shows a revenue growth of 14.73%, a net margin of 11.98%, an ROE of 2.2%, an ROA of 1.38%, and a debt-to-equity ratio of 0.29.
December 19, 2023 | 3:02 pm
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POSITIVE IMPACT
Ingersoll Rand received positive analyst ratings with an increased average price target of $77.5. The company shows strong revenue growth but has below-average profitability metrics.
The positive analyst ratings and increased price target suggest a bullish sentiment, which could lead to a short-term increase in stock price. The strong revenue growth is a positive sign, but investors may be cautious due to the below-average profitability metrics such as net margin, ROE, and ROA.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100