Allegion PLC (ALLE) Stock AnalysisALLEAllegion PLC

Allegion plc is a global security products and solutions provider. It designs and manufactures innovative security and access solutions that help keep people safe where they live, learn, work and connect. Its Allegion Americas segment is a provider of security products, services and solutions throughout North America. It sells a range of products and solutions, including locks, locksets, key systems, door control and door control systems, exit devices, doors, glass and door systems, and others. Its Allegion International segment provides security products, services and solutions throughout Europe, Asia and Oceania. The segment offers end-users a range of products, services and solutions, including locks, locksets, portable locks, key systems, door control and door control systems, and others. Its brands include CISA, Interflex, LCN, Schlage, SimonsVoss, Von Duprin, Trimco and others. It also offers custom specialty doors for acoustic, blast, bullet-resistant and vault security. It operates in the Technology sector (SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES industry).

Allegion PLC is a good buy right now, trading at $156.54 with a forward P/E of 15.92, indicating potential undervaluation compared to its earnings growth. The stock has shown a 5-day change of +4.03%, suggesting upward momentum. However, the main risk is the bearish sentiment from hedge funds, which have increased selling by 306.97% over the last quarter, indicating caution among institutional investors.

10 analysts cover ALLE: 7 rate it Buy, 3 Hold and 0 Sell. The average price target is 176.25.