Robert W. Baird analyst Michael Halloran maintained a Buy rating on Ingersoll Rand (NYSE:IR) on Thursday, setting a price target of $61, which is approximately 23.46% above the present share price of $49.41.
Halloran expects Ingersoll Rand to post earnings per share (EPS) of $0.36 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Ingersoll Rand, with an average price target of $55.
The analysts price targets range from a high of $61 to a low of $48.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.51 billion and a net profit of $166.1 million. The company's market cap is $124.27 billion.
According to TipRanks.com, Robert W. Baird analyst Michael Halloran is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.3% and a 72.87% success rate.
Gardner Denver Holdings Inc is a provider of mission-critical flow control and compression equipment and associated aftermarket parts, consumables, and services. It manufactures compressor, pump, vacuum and blower products in its markets. Its segments are Industrials, Energy, and Medical. In the Industrials segment, the company designs, manufactures, markets and services a broad range of air compression, vacuum and blower products across a wide array of technologies and applications. In the Medical segment, it designs, manufactures and markets specialized gas, liquid and precision syringe pumps, and compressors for use in the medical, laboratory and biotechnology end markets.