Ingersoll Rand Inc. found using ticker (IR) now have 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 average target price we see 67.79. Now with the previous closing price of 56.81 this would imply there is a potential upside of 19.3%. The 50 day moving average now sits at 59.02 and the 200 day MA is 53.07. The company has a market capitalisation of $23,130m. Company Website: https://www.irco.com
The potential market cap would be $27,601m 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.
