Allegion Public Limited Company | ALLE

Daily Technical Analysis of Allegion Public Limited Company

Allegion Public Limited Company hasn't moved too much today but is slightly down, it has lost -0.47% since yesterday.

Allegion Public Limited Company doesn't seem to be at a very clear reversal point in either direction. Allegion Public Limited Company has looked pretty good over the last few months. It has definitely cuaght a bid and had a nice run. Over the last 3 months, shareholders are up 1.17 percent. ALLE may hit some resistance around the 105.54 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.

Analyst Ratings for Allegion Public Limited Company By Price Target And Rating

Overall, the analysts have a more negative view on Allegion Public Limited Company but it's not a very strong negative. The current Analysts Sentiment Score is -49.33. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-16 UBS Group increased their price target by 16.81% to $132.00. On 2024-04-02 Barclays increased their price target by 0.83% to $122.00. Mizuho downgraded from Buy to Neutral on 2024-02-23 but moved up their price target to $141.00 which is a 0.71% increase. On 2024-02-21 Wells Fargo & Company downgraded Allegion Public Limited Company from Overweight to Equal Weight but provided a price target boost 0.72% to $140.00 from $139.00. On 2023-10-19 there was a downgrade announced by Vertical Research from Buy to Hold and decided to decrease their price target by -21.88% down to $100.00. On 2023-09-06 there was a downgrade announced by Longbow Research from Buy to Neutral. Robert W. Baird provided a price target boost of 4.76% to $132.00 from $126.00 on 2023-07-27.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Allegion Public Limited Company

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Allegion Public Limited Company

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.