Analysts are on the Bearish side about Ingersoll-Rand Plc (NYSE:IR) this week.

October 2, 2018 - By Ash

Ingersoll-Rand Plc (NYSE:IR) LogoInvestors sentiment increased to 1.08 in Q2 2018. Its up 0.08, from 1 in 2018Q1. It improved, as 44 investors sold Ingersoll-Rand Plc shares while 197 reduced holdings. 77 funds opened positions while 184 raised stakes. 191.58 million shares or 0.11% more from 191.38 million shares in 2018Q1 were reported.
Pointstate Lp reported 22,200 shares stake. Parametric Portfolio Associate Ltd Liability Co holds 0.06% or 702,015 shares in its portfolio. Moreover, Martin And Tn has 2.42% invested in Ingersoll-Rand Plc (NYSE:IR). First Bank & Trust has invested 0.11% in Ingersoll-Rand Plc (NYSE:IR). Hm Payson Co has 5,795 shares. Bank Of Mellon owns 3.75M shares. Fincl Service has 220 shares for 0.01% of their portfolio. Cambridge Investment Advsrs Inc reported 13,184 shares. Bank Of The Ozarks has 4,671 shares for 0.16% of their portfolio. Proshare Advisors Limited Co, Maryland-based fund reported 33,605 shares. Security Tru Company stated it has 0.12% in Ingersoll-Rand Plc (NYSE:IR). Meritage Port invested in 63,554 shares or 0.56% of the stock. Boston Private Wealth Ltd Com owns 4,804 shares. 3,325 are held by Regentatlantic Lc. Focused Wealth Mngmt Incorporated has invested 0% in Ingersoll-Rand Plc (NYSE:IR).

Ingersoll-Rand Plc (NYSE:IR) Ratings Coverage

Among 10 analysts covering Ingersoll-Rand (NYSE:IR), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Ingersoll-Rand had 11 analyst reports since April 9, 2018 according to SRatingsIntel. The stock has “Buy” rating by Argus Research on Tuesday, July 31. The firm has “Buy” rating given on Thursday, August 30 by UBS. The rating was maintained by Citigroup with “Buy” on Monday, April 9. As per Thursday, August 9, the company rating was maintained by Barclays Capital. Bank of America maintained Ingersoll-Rand Plc (NYSE:IR) rating on Monday, July 30. Bank of America has “Neutral” rating and $105 target. The firm earned “Buy” rating on Tuesday, April 17 by BMO Capital Markets. The stock of Ingersoll-Rand Plc (NYSE:IR) has “Buy” rating given on Tuesday, April 3 by Stifel Nicolaus. The firm has “Hold” rating given on Wednesday, April 25 by RBC Capital Markets. The company was maintained on Thursday, April 26 by Stifel Nicolaus. Below is a list of Ingersoll-Rand Plc (NYSE:IR) latest ratings and price target changes.

30/08/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $108 New Target: $115 Maintain
21/08/2018 Broker: Morgan Stanley Rating: Overweight New Target: $111 Initiates Coverage On
09/08/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $115 New Target: $117 Maintain
31/07/2018 Broker: Argus Research Old Rating: Buy New Rating: Buy Old Target: $100 New Target: $114 Maintain
30/07/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $96 New Target: $105 Maintain
19/06/2018 Broker: Cowen & Co Rating: Outperform New Target: $111 Initiates Coverage On
25/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $92.0000 Maintain
26/04/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $94 New Target: $104 Maintain
17/04/2018 Broker: BMO Capital Markets Rating: Buy New Target: $110.0000 Maintain
03/04/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $94.0000 Maintain

The stock increased 0.15% or $0.16 during the last trading session, reaching $103.46. About 93,963 shares traded. Ingersoll-Rand Plc (NYSE:IR) has risen 14.27% since October 2, 2017 and is uptrending. It has underperformed by 1.35% the S&P500.

Ingersoll-Rand plc designs, manufactures, sells, and services industrial and commercial products. The company has market cap of $25.38 billion. It operates through Climate and Industrial divisions. It has a 18.82 P/E ratio. The Climate segment offers building management, bus and rail HVAC, control, container and cryogenic refrigeration, diesel-powered refrigeration, ductless, geothermal, package heating and cooling, rail and self-powered truck refrigeration, temporary heating and cooling, trailer refrigeration, unitary, and vehicle-powered truck refrigeration systems.

Ingersoll-Rand Plc (NYSE:IR) Ratings Chart

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