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ALLE - Allegion: Strong Institutional Demand Should Drive Growth
May, 28 2024 05:44 AM
Allegion plc
2024-05-28 05:44:12 ET
Summary Allegion's topline is expected to grow due to strong demand in the institutional end market and new projects. The company's margin is expected to benefit from volume growth, strong pricing, and operational execution. ALLE's stock is currently trading at a discount, making it a good buy with good long-term prospects.
The Thesis For further details see:
Allegion: Strong Institutional Demand Should Drive Growth
Stock Information
Company Name:
Allegion plc
Stock Symbol:
ALLE
Market:
NYSE
Website:
allegion.com
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