On June 24, 2025, JP Morgan initiated coverage on Allegion (ALLE, Financial), a leading provider of security products and solutions. Notably, JP Morgan's analyst Tomohiko Sano has assigned an "Overweight" rating to the stock.
In conjunction with the coverage initiation, JP Morgan has announced a price target for Allegion (ALLE, Financial) of USD 170.00. The "Overweight" rating reflects a positive outlook on the company’s potential performance in the market.
This initiation of coverage could influence investor sentiment positively, as JP Morgan is a well-regarded financial institution. Stakeholders in Allegion (ALLE, Financial) and potential investors may view this as an encouraging signal for future growth prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Allegion PLC (ALLE, Financial) is $143.82 with a high estimate of $169.22 and a low estimate of $110.00. The average target implies an upside of 0.96% from the current price of $142.45. More detailed estimate data can be found on the Allegion PLC (ALLE) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Allegion PLC's (ALLE, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Allegion PLC (ALLE, Financial) in one year is $140.90, suggesting a downside of 1.09% from the current price of $142.45. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Allegion PLC (ALLE) Summary page.
