Forecasting The Future: 8 Analyst Projections For Ingersoll Rand
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) has received mixed analyst ratings, with a recent average 12-month price target of $100.88, reflecting a slight increase. Analysts have adjusted their ratings and price targets, indicating varied expectations for the company's performance. Despite strong revenue growth, Ingersoll Rand faces challenges in profitability and asset utilization.
August 19, 2024 | 4:00 pm
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Ingersoll Rand has received a mix of bullish and bearish analyst ratings, with a slight increase in the average 12-month price target to $100.88. The company shows strong revenue growth but faces challenges in profitability and asset utilization.
The mixed analyst ratings and slight increase in price target suggest a neutral short-term impact on Ingersoll Rand's stock. While the company shows strong revenue growth, challenges in profitability and asset utilization may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100