Citi maintains USD 109.00 target for Ingersoll Rand stock
Published on 10/17/2026 at 20:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCiti target and earnings date
- On October 12, 2026, Citi maintained a USD 109.00 target and a Buy rating for Ingersoll Rand.
- Ingersoll Rand is scheduled to publish third-quarter results on October 29, 2026.
- Ingersoll Rand stock closed at EUR 69.22 on Tradegate on October 16, 2026, down 0.32 percent versus the Tradegate close of October 15, 2026.
- The company had a USD 30.2 billion market capitalization and a P/E ratio of 32.01 on October 16, 2026.
Citi maintained a Buy rating and a USD 109.00 target for Ingersoll Rand on October 12, 2026, according to Business Insider. Against the USD 77.78 NYSE closing price of October 16, 2026, the target stands 40.14 percent higher. The Tradegate closing price was EUR 69.22 on October 16, 2026, down 0.32 percent from the Tradegate close of October 15, 2026.
October 29 earnings date
Ingersoll Rand is scheduled to release its third-quarter 2026 results after the market closes on October 29, 2026. The company plans its earnings conference call for October 30, 2026, at 8:00 a.m. ET. That date gives the stock a concrete near-term event after the October 16 close.
Stock position after October 16
The Tradegate quote stood within a EUR 59.16 to EUR 84.48 52-week range on October 16, 2026. At EUR 69.22, the stock was 18.06 percent below the range high and 17.00 percent above the range low. The latest session change was modest, so the upcoming earnings date carries more information than the daily move.
Valuation and analyst target
Ingersoll Rand had a USD 30.2 billion market capitalization and a P/E ratio of 32.01 on October 16, 2026. Citi's USD 109.00 target is 40.14 percent above the USD 77.78 NYSE close, while the October 29 report date provides the next scheduled test for the valuation.
Comparison with peers
Ingersoll Rand (Tradegate, EUR): minus 0.32 percent, P/E 32.01, market capitalization USD 30.2 billion as of October 16, 2026.
Atlas Copco (Nasdaq Stockholm, SEK): plus 1.30 percent, P/E 37.03, market capitalization SEK 986.5 billion as of October 16, 2026.
SPX Technologies (NYSE, USD): minus 0.82 percent, P/E 29.86, market capitalization USD 8.3 billion as of October 16, 2026.
Tradegate close sets the frame
For investors in Germany, the EUR 69.22 Tradegate close places the stock materially below its 52-week high, while the USD 109.00 Citi target points to a separate valuation reference. The next hard date is the company's third-quarter release on October 29, 2026.
Market context: Market report S&P 500.
Ingersoll Rand stock facts
- Company: Ingersoll Rand Inc.
- ISIN: US45687V1061
- Ticker: IR
- Primary exchange: NYSE
- Price Tradegate closing price (as of October 16, 2026): EUR 69.22
- Change versus Tradegate close of October 15, 2026: minus 0.32 percent
- Market capitalization: USD 30.2 billion (as of October 16, 2026)
- 52-week range: EUR 59.16-EUR 84.48 (as of October 16, 2026)
- P/E ratio: 32.01 (as of October 16, 2026)
- Next earnings date: October 29, 2026
