9 Best Performing European Stocks to Invest In

5. Allegion plc (NYSE:ALLE)

Year-to-Date Performance: 33.65%

Number of Hedge Fund Holders: 29

Allegion plc (NYSE:ALLE) ranks among the best-performing European stocks to invest in. On August 27, Mizuho retained its Neutral rating on Allegion plc (NYSE:ALLE) while raising its price target to $170 from $155. The raise comes after Mizuho and Allegion CEO John Stone and VP of Investor Relations Josh Pokrzywinski met in Boston. During those discussions, management consistently delivered a message about end-markets that were characterized as “resilient albeit tough/mixed.”

Mizuho reported that Allegion plc (NYSE:ALLE) has shown increased operational rigor as it manages growth and tariffs while sustaining a constant stream of completed acquisitions.

The firm pointed out that improved deal teams, stronger M&A intent, and a favorable buyers’ market have all contributed to higher deal velocity for the company.

Allegion plc (NYSE:ALLE is a global security solutions supplier that focuses on locks, door closers, exit devices, electronic access control systems, and steel doors. It operates in more than 120 countries through two divisions: Allegion Americas and Allegion International.