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Allegion (ALLE) Stock Forecast & Price Target

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$139.76 -1.56 (-1.10%)
(As of 11/15/2024 ET)

Allegion - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
4
Buy
0

Based on 5 Wall Street analysts who have issued ratings for Allegion in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 5 analysts, 1 has given a sell rating, and 4 have given a hold rating for ALLE.

Consensus Price Target

$144.60
3.46% Upside
According to the 5 analysts' twelve-month price targets for Allegion, the average price target is $144.60. The highest price target for ALLE is $152.00, while the lowest price target for ALLE is $132.00. The average price target represents a forecasted upside of 3.46% from the current price of $139.76.

ALLE Analyst Ratings Over Time

TypeCurrent Forecast
11/17/23 to 11/16/24
1 Month Ago
10/18/23 to 10/17/24
3 Months Ago
8/19/23 to 8/18/24
1 Year Ago
11/17/22 to 11/17/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$144.60$133.80$125.40$121.14
Forecasted Upside3.46% Upside-12.27% Downside-4.47% Downside13.91% Upside
Consensus Rating
Reduce
Reduce
Reduce
Moderate Buy

ALLE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ALLE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Allegion Stock vs. The Competition

TypeAllegionIndustrial Products CompaniesS&P 500
Consensus Rating Score
1.80
2.60
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside3.46% Upside43.36% Upside9.94% Upside
News Sentiment Rating
Positive News

See Recent ALLE News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/28/2024Barclays
3 of 5 stars
 Boost TargetUnderweight ➝ Underweight$135.00 ➝ $137.00-4.96%
10/25/2024Robert W. Baird
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$145.00 ➝ $152.00+4.63%
10/17/2024Mizuho
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$135.00 ➝ $150.00-0.61%
10/7/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$137.00 ➝ $152.00+4.27%
4/16/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$113.00 ➝ $132.00+3.99%
10/19/2023Vertical Research
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 DowngradeBuy ➝ Hold$128.00 ➝ $100.00-0.07%
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9/6/2023Longbow Research
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 DowngradeBuy ➝ Neutral
4/14/2023The Goldman Sachs Group
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 Lower TargetBuy$138.00 ➝ $119.00+14.83%
2/23/2023Morgan Stanley
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 Boost TargetEqual Weight$108.00 ➝ $119.00+5.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:45 PM ET.


ALLE Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Allegion is $144.60, with a high forecast of $152.00 and a low forecast of $132.00.

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last twelve months. There is currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" ALLE shares.

According to analysts, Allegion's stock has a predicted upside of 3.46% based on their 12-month stock forecasts.

Allegion has been rated by research analysts at Barclays, Mizuho, Robert W. Baird, and Wells Fargo & Company in the past 90 days.

Analysts like Allegion less than other "industrial products" companies. The consensus rating for Allegion is Reduce while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how ALLE compares to other companies.


This page (NYSE:ALLE) was last updated on 11/16/2024 by MarketBeat.com Staff
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