BofA Securities upgrades Allegion plc (ALLE) rating to a Neutral

Allegion plc’s filing revealed that its SVP – Allegion International Eckersley Timothy P unloaded Company’s shares for reported $1.78 million on Aug 07 ’25. In the deal valued at $164.76 per share,10,810 shares were sold. As a result of this transaction, Eckersley Timothy P now holds 30,023 shares worth roughly $4.94 million.

Then, Timothy Eckersley bought 10,810 shares, generating $917,142 in total proceeds.

Before that, Kemp Tracy L sold 3,849 shares. Allegion plc shares valued at $634,786 were divested by the SVP-Chief Info. & Digital Ofr at a price of $164.92 per share. As a result of the transaction, Kemp Tracy L now holds 8,773 shares, worth roughly $1.44 million.

BofA Securities upgraded its Allegion plc [ALLE] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late June with a ‘”an Overweight”‘ rating. Morgan Stanley began covering ALLE with “an Equal-weight” recommendation on January 06, 2025. Barclays revised its rating on June 04, 2024. It rated ALLE as “an Underweight” which previously was an “an Equal weight”.

Price Performance Review of ALLE

On Monday, Allegion plc [NYSE:ALLE] saw its stock jump 0.45% to $164.45. Over the last five days, the stock has lost -1.37%. Allegion plc shares have risen nearly 29.98% since the year began. Nevertheless, the stocks have risen 25.84% over the past one year. While a 52-week high of $167.24 was reached on 08/04/25, a 52-week low of $116.57 was recorded on 04/08/25.

Levels Of Support And Resistance For ALLE Stock

The 24-hour chart illustrates a support level at 163.49, which if violated will result in even more drops to 162.52. On the upside, there is a resistance level at 164.99. A further resistance level may holdings at 165.52.

How much short interest is there in Allegion plc?

A steep rise in short interest was recorded in Allegion plc stocks on 2025-07-15, dropping by 13767.0 shares to a total of 3.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 3.48 million shares. There was a decline of -0.4%, which implies that there is a negative sentiment for the stock.

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.