Assessing Ingersoll Rand: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) has received updated ratings from 4 financial analysts, with an average 12-month price target of $82.5, up from $74.00. All four analysts have raised their price targets, with UBS's Markus Mittermaier setting the highest target at $93.00. The company's revenue growth outperforms industry peers, but it faces challenges with ROE and ROA below industry averages. Its debt-to-equity ratio is conservative at 0.29. Ingersoll Rand's market performance and financial health are key factors for investors to consider.
January 29, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ingersoll Rand has positive analyst sentiment with raised price targets, indicating potential stock appreciation. Strong revenue growth and conservative debt management are positives, but below-average ROE and ROA are concerns.
The unanimous decision by analysts to raise price targets for Ingersoll Rand suggests a bullish outlook, which could lead to short-term stock appreciation. However, the concerns regarding ROE and ROA may temper the extent of positive impact. The company's strong revenue growth and low debt-to-equity ratio are likely to be viewed favorably by investors.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100