Allegion Exhibits Strong Prospects Despite Persisting Headwinds
Allegion plc (ALLE) is benefiting from strong momentum across its segments. Stable demand across end markets like education, healthcare, government, hospitality and retail and the acquisitions of Next Door Company and Trimco are driving the Allegion Americas segment. The increase in demand for non-residential products also bodes well. An increase in demand for electronic security products, driven by growing awareness about the security and safety of people and infrastructure, is aiding the Allegion Internat ...