Ingersoll Rand Trading Volume Surges 67.94% to $366 Million, Ranked 312th Despite 2.51% Stock Price Decline

Generated by AI AgentAinvest Volume Radar
Friday, Jul 18, 2025 6:29 pm ET1min read
Aime RobotAime Summary

- Ingersoll Rand's trading volume surged 67.94% to $366M on July 18, 2025, ranking 312th despite a 2.51% stock price decline.

- BNP Paribas Exane raised its price target to $83 from $77 but maintained a neutral rating, reflecting cautious optimism about the company's prospects.

- Melius Research initiated coverage with a "hold" rating, indicating the stock's current price aligns with intrinsic value and lacks compelling buy/sell catalysts.

On July 18, 2025,

(IR) saw a significant increase in trading volume, with a total of $366 million in shares traded, marking a 67.94% rise from the previous day. This surge placed Ingersoll Rand at the 312th position in terms of trading volume for the day. However, despite the high trading volume, the stock price of Ingersoll Rand declined by 2.51%.

BNP Paribas Exane has adjusted its price target for Ingersoll Rand, raising it from $77 to $83. The firm maintains a neutral rating on the stock, indicating a cautious outlook despite the upward revision in the price target. This adjustment reflects the analysts' assessment of the company's current performance and future prospects.

Melius Research has initiated coverage on Ingersoll Rand with a hold rating. This rating suggests that the stock is expected to perform in line with the broader market, neither significantly outperforming nor underperforming. The hold rating is often used when analysts believe that the stock's current price accurately reflects its intrinsic value, and there are no compelling reasons to buy or sell at the present time.

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