Stifel’s latest rating for IR stock

Ingersoll-Rand Inc’s recently made public that its insider Schiesl Andrew R unloaded Company’s shares for reported $1.15 million on Feb 18 ’25. In the deal valued at $87.05 per share,13,228 shares were sold. As a result of this transaction, Schiesl Andrew R now holds 30,846 shares worth roughly $2.54 million.

Then, Schiesl Andrew R bought 13,228 shares, generating $1,151,495 in total proceeds.

Before that, Scheske Michael J sold 2,531 shares. Ingersoll-Rand Inc shares valued at $246,621 were divested by the VP, Chief Accounting Officer at a price of $97.44 per share. As a result of the transaction, Scheske Michael J now holds 11,910 shares, worth roughly $0.98 million.

Stifel downgraded its Ingersoll-Rand Inc [IR] rating to a Hold from a a Buy in a research note published on November 18, 2024; the price target was decreased to $107 from $112. Morgan Stanley began covering IR with “an Equal-weight” recommendation on September 06, 2024.

Price Performance Review of IR

On Monday, Ingersoll-Rand Inc [NYSE:IR] saw its stock jump 1.57% to $82.23. Over the last five days, the stock has lost -0.89%. Ingersoll-Rand Inc shares have fallen nearly -9.10% since the year began. Nevertheless, the stocks have fallen -12.22% over the past one year. While a 52-week high of $106.03 was reached on 01/31/25, a 52-week low of $79.79 was recorded on 03/13/25. SMA at 50 days reached $87.41, while 200 days put it at $93.51.

Levels Of Support And Resistance For IR Stock

The 24-hour chart illustrates a support level at 81.41, which if violated will result in even more drops to 80.59. On the upside, there is a resistance level at 82.97. A further resistance level may holdings at 83.71. The Relative Strength Index (RSI) on the 14-day chart is 43.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.34%. Stochastics %K at 31.18% indicates the stock is a holding.

How much short interest is there in Ingersoll-Rand Inc?

A steep rise in short interest was recorded in Ingersoll-Rand Inc stocks on 2025-02-28, dropping by -0.12 million shares to a total of 8.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.5 million shares. There was a decline of -1.37%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on March 12, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”a Neutral”‘ rating along with a $92 price target.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.