Ingersoll Rand Inc. with ticker code (IR) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 74 and 61 calculating the mean target price we have 68. Now with the previous closing price of 58.61 this now indicates there is a potential upside of 16.0%. The 50 day MA is 59.51 and the 200 day MA is 52.75. The company has a market capitalisation of $23,795m. You can visit the company’s website by visiting: https://www.irco.com
The potential market cap would be $27,607m based on the market concensus.
Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through four segments: Industrial Technologies and Services; Precision and Science Technologies; Specialty Vehicle Technologies; and High Pressure Solutions segments. The company offers air and gas compression, vacuum and blower products, fluid transfer and management equipment, loading systems, power tools and lifting equipment, displacement pumps, liquid and precision syringe pumps, and compressors, as well as as well as aftermarket parts, consumables, and services. It also designs, manufactures, and markets golf, utility, and consumer low-speed vehicles, as well as integrated systems. The company’s products are used in medical, laboratory, industrial manufacturing, water and wastewater, chemical processing, drilling, hydraulic fracturing, well servicing applications, precision irrigation, energy, food and beverage, agriculture, and automated liquid handling end-markets, as well as various manufacturing, industrial facilities applications, and other activities. It serves to various industries and sectors. The company sells its products through an integrated network of direct sales representatives and independent distributors under the Ingersoll Rand, Gardner Denver, Club Car, CompAir, Nash, Elmo Rietschle, Robuschi, Thomas, Milton Roy, ARO, Emco Wheaton, and Runtech Systems brands. The company was formerly known as Gardner Denver Holdings and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is based in Davidson, North Carolina.
