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Re: Tuff-Stuff post# 565120

Monday, 05/25/2015 8:24:16 AM

Monday, May 25, 2015 8:24:16 AM

Post# of 648882
click back, IR Ingersoll-Rand

Argus Research upgraded Ingersoll-Rand PLC (NYSE: IR ) from Hold to Buy. The price target for Ingersoll-Rand is set to $86. Ingersoll-Rand shares have gained 19.14 percent over the past 52 weeks, while the S&P 500 index has surged 12.12 percent


Ingersoll-Rand PLC (NYSE:IR) has earned a “BBB” credit rating from Morningstar. The research firm’s “BBB” rating indicates that the company is a moderate default risk. They also gave their stock a three star rating.

IR has been the subject of a number of other recent research reports. Analysts at Argus upgraded shares of Ingersoll-Rand PLC from a “hold” rating to a “buy” rating and raised their price target for the stock from $69.52 to $86.00 in a research note on Friday. Analysts at KeyBanc upgraded shares of Ingersoll-Rand PLC from a “sector weight” rating to an “overweight” rating and set a $80.00 price target on the stock in a research note on Thursday, May 14th. Analysts at Barclays raised their price target on shares of Ingersoll-Rand PLC from $68.00 to $70.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, analysts at Robert W. Baird set a $73.00 price target on shares of Ingersoll-Rand PLC and gave the company a “hold” rating in a research note on Friday, April 17th. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $70.88.

Shares of Ingersoll-Rand PLC (NYSE:IR) opened at 69.27 on Monday. Ingersoll-Rand PLC has a 52 week low of $52.47 and a 52 week high of $70.93. The stock’s 50-day moving average is $68. and its 200-day moving average is $65.. The company has a market cap of $18.34 billion and a P/E ratio of 20.75.


Ingersoll-Rand PLC (NYSE:IR) last announced its earnings results on Thursday, April 23rd. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.06. The company had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s quarterly revenue was up 6.1% on a year-over-year basis. On average, analysts predict that Ingersoll-Rand PLC will post $3.79 earnings per share for the current fiscal year.

In other Ingersoll-Rand PLC news, Director Richard J. Swift sold 1,238 shares of Ingersoll-Rand PLC stock on the open market in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $67.07, for a total value of $83,032.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Ingersoll-Rand plc (NYSE:IR) is a diversified, global company that provides products, services and solutions to enhance the comfort of air in homes and buildings, transport and protect food and perishables. IR-Ireland operates in two business segments: Climate and Industrial.

http://sleekmoney.com/ingersoll-rand-plc-receives-bbb-credit-rating-ir/271655/




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