In a report issued on April 27, Julian Mitchell from Barclays maintained a Buy rating on Allegion (ALLE – Research Report), with a price target of $140.00. The company's shares closed last Thursday at $119.20. According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 12.9% and a 62.1% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Lennox International, and Illinois Tool Works. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allegion with a $133.43 average price target, a 14.2% upside from current levels.
https://www.tipranks.com/news/blurbs/allegion-alle-receives-a-buy-from-barclays?utm_source=advfn.com&utm_medium=referral
Allegion (NYSE:ALLE)
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