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Morgan Stanley’s latest rating for ALLE stock

In a filing, Allegion plc revealed its Officer Jeffrey Braun acquired Company’s shares for reported $0.27 million on Mar 10 ’25. In the deal valued at $134.68 per share,2,018 shares were bought.

Then, Ilardi David S. sold 789 shares, generating $98,846 in total proceeds. Upon selling the shares at $125.28, the SVP – Allegion Americas now owns 9,625 shares.

Before that, David Ilardi bought 789 shares. Allegion plc shares valued at $98,819 were divested by the Officer at a price of $125.25 per share.

Morgan Stanley initiated its Allegion plc [ALLE] rating to an Equal-weight in a research note published on January 06, 2025; the price target was $137. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early June from “an Equal weight” to “an Underweight”. Mizuho also remained covering ALLE and has decreased its forecast on February 23, 2024 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo revised its rating on February 21, 2024. It rated ALLE as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of ALLE

On Monday, Allegion plc [NYSE:ALLE] saw its stock jump 0.76% to $132.30. Over the last five days, the stock has gained 4.57%. Allegion plc shares have risen nearly 1.24% since the year began. Nevertheless, the stocks have risen 3.03% over the past one year. While a 52-week high of $156.10 was reached on 01/21/25, a 52-week low of $113.27 was recorded on 03/04/25. SMA at 50 days reached $130.10, while 200 days put it at $132.86.

Levels Of Support And Resistance For ALLE Stock

The 24-hour chart illustrates a support level at 130.23, which if violated will result in even more drops to 128.17. On the upside, there is a resistance level at 134.87. A further resistance level may holdings at 137.45. The Relative Strength Index (RSI) on the 14-day chart is 56.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.32, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 25.42%. Stochastics %K at 64.32% indicates the stock is a holding.

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