“Ingersoll-Rand (IR) has been reiterated by TheStreet Ratings as a buy with a ratings score of B+ . The company’s strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”
,” TheStreet’s analyst wrote.
Ingersoll-Rand traded down 1.19% on Tuesday, hitting $52.25. Ingersoll-Rand has a 52-week low of $37.34 and a 52-week high of $53.90. The stock’s 50-day moving average is currently $51.24. The company has a market cap of $15.483 billion and a price-to-earnings ratio of 16.11.
A number of other firms have also recently commented on IR. Analysts at Barclays Capital raised their price target on shares of Ingersoll-Rand from $43.00 to $47.00 in a research note to investors on Monday, February 4th. They now have an equal weight rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Ingersoll-Rand to $65.00 in a research note to investors on Monday, February 4th. Finally, analysts at Credit Suisse raised their price target on shares of Ingersoll-Rand to $57.00 in a research note to investors on Monday, February 4th.
Seven investment analysts have rated the stock with a buy rating, two have assigned an overweight rating, twelve have issued a hold rating, and one has given an underweight rating to the company’s stock. The company has a consensus rating of overweight and an average target price of $57.12.
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