Ireland headquartered Ingersoll-Rand PLC's stock finished last Friday's session 0.70% lower at $75.04. A total volume of 1.43 million shares was traded. The Company's shares have advanced 1.20% in the past month, 11.04% in the previous three months, and 38.54% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.56% and 12.42%, respectively. Additionally, shares of Ingersoll-Rand, which designs, manufactures, sells, and services industrial and commercial products, have a Relative Strength Index (RSI) of 48.73.
On November 21st, 2016, Trane®, a leading global provider of indoor comfort solutions and services and a brand of Ingersoll Rand, announced that its Series R® RTWD water-cooled chiller for commercial and industrial buildings is now available for customers in North America and the Middle East who are ready to transition to systems with lower global warming potential. Visit us today and download your complete report on IR for free at:
On Friday, shares in Pennsylvania headquartered AMETEK Inc. ended the session 0.12% lower at $48.60. The stock recorded a trading volume of 1.05 million shares. The Company's shares have gained 2.83% in the last one month and 1.91% in the previous three months. The stock is trading 2.46% above its 50-day moving average and 2.03% above its 200-day moving average. Moreover, shares of AMETEK, which manufactures and sells electronic instruments and electromechanical devices worldwide, have an RSI of 49.76.
On December 01st, 2016, AMETEK announced that its Board of Directors has elected two new Senior Vice Presidents and two new Vice Presidents and General Managers. The Senior Vice Presidents are Matthew C. French and Bruce P. Wilson. The Vice Presidents and General Managers are David W. Jordan and Prakash Mahesh.
On December 22nd, 2016, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $47 a share to $57 a share. The complimentary research report on AME can be accessed at:
Minnesota headquartered 3M Co.'s shares gained 0.09%, closing the session at $178.57 with a total trading volume of 1.59 million shares. The stock has gained 3.98% in the last one month, 1.98% over the previous three months, and 21.72% on an YTD basis. The Company's shares are trading 3.59% and 4.36% above their 50-day and 200-day moving averages, respectively. Additionally, shares of 3M, which operates as a diversified technology company worldwide, have an RSI of 64.37.
On December 14th, 2016, 3M announced that it has filed an infringement lawsuit in Düsseldorf, Germany, against Dentsply DeTrey GmbH alleging that Dentsply's Prime&Bond Active Universal adhesive dispenser design infringes on 3M's Registered EU Community Design for the 3M™ Scotchbond™ Universal adhesive flip-top dispenser design. 3M's design protected flip-top dispenser allows for easy one-handed opening and controlled dispensing of adhesive material used in the dental market. In 2012, 3M's flip top, one-handed design received the honor of the Red Dot Design Award. Scotchbond Universal adhesive is used by dentists around the world for dental restoration procedures. It is a leading dental adhesive in the US.
On December 14th, 2016, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $175 a share to $186 a share. Register for free on Stock-Callers.com and download the PDF research report on MMM at:
Last Friday at the close, Zurich, Switzerland headquartered ABB Ltd's stock recorded a trading volume of 1.39 million shares, and ended the session 0.05% lower at $21.07. The Company's shares have advanced 3.13% in the past month and 23.70% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.11% and 1.97%, respectively. Furthermore, shares of ABB, which provides power and automation technologies for utility and industrial customers worldwide, have an RSI of 54.61.
On November 15th, 2016, ABB announced it has won an order from Alstom to supply 1600 traction transformers for 800 new electric freight locomotives in India. The transformers will be manufactured locally in ABB's Vadodara facility in the western Indian state of Gujarat. ABB will supply 25 kilovolt (kV)/50 hertz (Hz) underframe traction transformers for the 800 locomotives (2 units per locomotive).
On December 13th, 2016, research firm Jefferies downgraded the Company's stock rating from 'Hold' to 'Underperform'. Get free access to your research report on ABB at:
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