Technical Analysis: ALLE's technical indicators suggest a bearish short-term outlook. RSI-14 at 41.21 indicates neutral to slightly oversold conditions. The stock is trading below all major moving averages (5,10,20-day SMAs), suggesting downward momentum.
Price Targets & Support/Resistance:
News Sentiment & Analyst Views:
Price Prediction for Next Week: Based on technical indicators and current market conditions:
Trading Recommendation: SELL
The price of ALLE is predicted to go up 7.88%, based on the high correlation periods with LKQ. The similarity of these two price pattern on the periods is 91.09%.
ALLE
LKQ
Allegion's strong market position and pricing power in North America should continue to support stable, industry-leading profitability.
The convergence of electronic and mechanical security products and increased infrastructure spending should drive sales growth and margin expansion opportunities.
Allegion generates strong free cash flow and is a balanced capital allocator. The company can continue to use its free cash flow to increase its dividend, repurchase shares, make value-accretive acquisitions, and invest in leading-edge technology ventures.
Morgan Stanley
2025-02-19
Price Target
$137 → $139
Upside
+9.83%
Baird
2025-02-19
Price Target
$152 → $144
Upside
+13.78%
Barclays
2025-02-19
Price Target
$134 → $130
Upside
+2.72%