Evercore ISI Initiates a Buy Rating on Allegion (ALLE)
Allegion received a Buy rating and a $175.00 price target from Evercore ISI analyst Alexander Virgo today.
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According to TipRanks, Virgo is ranked #3993 out of 12068 analysts.
In addition to Evercore ISI, Allegion also received a Buy from Goldman Sachs’s Joe Ritchie in a report issued on April 7. However, on April 1, Wells Fargo maintained a Hold rating on Allegion (NYSE: ALLE).
Based on Allegion’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.03 billion and a net profit of $147.5 million. In comparison, last year the company earned a revenue of $945.6 million and had a net profit of $144.1 million
Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2026, Steven Mizell, a Director at ALLE sold 1,000.00 shares for a total of $161,510.00.
Read More on ALLE:
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- Allegion initiated with an Outperform at Evercore ISI
- Allegion price target lowered to $187 from $200 at Goldman Sachs
- Allegion price target lowered to $155 from $175 at Wells Fargo
- Allegion price target lowered to $165 from $176 at Barclays
- Allegion acquires DCI Hollow Metal on Demand, terms undisclosed
