Allegion plc (ALLE) Tops Q1 EPS by 1c, Slight Beat on Revenues; Affirms FY19 EPS Outlook

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Go back to Allegion plc (ALLE) Tops Q1 EPS by 1c, Slight Beat on Revenues; Affirms FY19 EPS Outlook

Allegion (ALLE) PT Raised to $102 at Imperial Capital

April 29, 2019 6:58 AM EDT

Imperial Capital analyst Jeff Kessler raised the price target on Allegion (NYSE: ALLE) to $102.00 (from $96.00) while maintaining a In-Line rating following the company's 1Q report.

ALLE reported revenue of $655.0mn, up 6.8% year-over-year, up 5.8% organically, and above estimates of $652mn. Adjusted EPS of $0.84 was... More