Ingersoll Rand Inc has a consensus price target of $94.82 based on the ratings of 18 analysts. The high is $124 issued by UBS on November 13, 2024. The low is $53 issued by Credit Suisse on November 4, 2022. The 3 most-recent analyst ratings were released by Goldman Sachs, Citigroup, and Barclays on December 12, 2024, December 9, 2024, and December 5, 2024, respectively. With an average price target of $120 between Goldman Sachs, Citigroup, and Barclays, there's an implied 30.04% upside for Ingersoll Rand Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ingersoll Rand (NYSE:IR) was reported by Goldman Sachs on December 12, 2024. The analyst firm set a price target for $121.00 expecting IR to rise to within 12 months (a possible 31.12% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Ingersoll Rand (NYSE:IR) was provided by Goldman Sachs, and Ingersoll Rand maintained their buy rating.
The last upgrade for Ingersoll Rand Inc happened on October 24, 2023 when Stifel raised their price target to $73. Stifel previously had a hold for Ingersoll Rand Inc.
The last downgrade for Ingersoll Rand Inc happened on November 18, 2024 when Stifel changed their price target from $112 to $107 for Ingersoll Rand Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ingersoll Rand, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ingersoll Rand was filed on December 12, 2024 so you should expect the next rating to be made available sometime around December 12, 2025.
While ratings are subjective and will change, the latest Ingersoll Rand (IR) rating was a maintained with a price target of $109.00 to $121.00. The current price Ingersoll Rand (IR) is trading at is $92.28, which is out of the analyst’s predicted range.
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