Market Overview

Morgan Stanley Offers Thoughts on Ingersoll-Rand PLC Following Post-Earnings Sell-Off


In a report published Wednesday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $63.00 price target on Ingersoll-Rand PLC (NYSE: IR).

In the report, Morgan Stanley noted, “IR sold off following weak incremental margin results in 4Q. While we agree that rev guidance looks conservative, execution on initiatives will need to sharpen up in absence of price/cost benefits in order to meet the $4 EPS threshold in ‘15 that's required to draw fresh money into the name.”

Ingersoll-Rand PLC closed on Tuesday at $57.26.

Latest Ratings for IR

Nov 2020Morgan StanleyMaintainsOverweight
Nov 2020Morgan StanleyMaintainsOverweight
Nov 2020Deutsche BankMaintainsHold

View More Analyst Ratings for IR
View the Latest Analyst Ratings


Related Articles (IR)

View Comments and Join the Discussion!

Posted-In: Morgan Stanley Nigel CoeAnalyst Color Reiteration Analyst Ratings

Latest Ratings

ESTCCanaccord GenuityMaintains150.0
AVAVCanaccord GenuityMaintains98.0
OKTACanaccord GenuityMaintains250.0
SNOWCanaccord GenuityMaintains275.0
RCMSVB LeerinkMaintains26.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at