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Investing.com - Stifel raised its price target on Ingersoll-Rand (NYSE:IR) to $79.00 from $78.00 on Monday, while maintaining a Hold rating on the industrial equipment manufacturer’s stock. The company, currently valued at $30.69 billion, is trading near its InvestingPro Fair Value, with a current share price of $77.22.
The research firm cited Ingersoll-Rand’s differentiated culture and IRX operating system as key factors that could lead to superior long-term performance compared to industry peers.
Stifel highlighted the company’s strong positioning to benefit from the growing trend of businesses seeking to operate more sustainably, noting that Ingersoll-Rand itself demonstrates leadership in sustainable business practices.
The firm expressed confidence in Ingersoll-Rand’s capital allocation strategy, identifying it as a potential source of value creation for shareholders in the coming years.
Stifel pointed to Ingersoll-Rand’s significant financial flexibility and strong cash generation capabilities as advantages that will allow the company to effectively deploy capital.
In other recent news, Ingersoll Rand reported its second-quarter 2025 earnings, meeting the expected earnings per share (EPS) of $0.80. The company’s revenue slightly surpassed forecasts, reaching $1.89 billion compared to the anticipated $1.85 billion. Despite this performance, the company adjusted its 2025 organic sales guidance downward, citing lower tariff-related pricing and unchanged organic volume expectations. This adjustment has raised concerns among investors regarding future growth prospects.
Stifel has responded to these developments by lowering its price target for Ingersoll Rand from $95.00 to $78.00, while maintaining a Hold rating on the stock. The price target reduction reflects the company’s updated sales guidance and the potential impact of tariff issues. These recent developments have contributed to a decline in Ingersoll Rand’s stock in both after-hours and pre-market trading.
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