Allegion (ALLE) Gains 28% in a Year: Will the Trend Last?

Allegion plc (ALLE) appears in good shape, with its shares having rallied 27.8% in the past year compared with the industry’s 19.3% growth.What’s Aiding ALLE?Allegion has been benefiting from strong operational performance owing to steady demand across its end markets. Pricing actions are helping the company partly offset inflationary pressure. The company’s Americas segment has been witnessing strength driven by solid momentum in its non-residential business. The Allegion International segment is benefitin ...