On Nov 07, major Wall Street analysts update their ratings for $Johnson Controls (JCI.US)$, with price targets ranging from $85 to $95.
BofA Securities analyst Andrew Obin maintains with a buy rating, and sets the target price at $95.
Wells Fargo analyst Joe O'Dea maintains with a buy rating, and adjusts the target price from $84 to $90.
Mizuho Securities analyst Brett Linzey maintains with a hold rating.
Baird analyst Timothy Wojs maintains with a hold rating, and adjusts the target price from $80 to $85.
RBC Capital analyst Deane Dray maintains with a hold rating, and adjusts the target price from $81 to $86.
Furthermore, according to the comprehensive report, the opinions of $Johnson Controls (JCI.US)$'s main analysts recently are as follows:
The firm observed that Johnson Controls' FQ4 results exceeded Street forecasts, largely due to strong margin results in Global Products, which compensated for the varied results in Building Solutions, characterized by exceeding revenue expectations but with less robust margins.
The recent quarter showcased another instance of robust operational performance. The anticipated impact on discontinued operations from the RLC HVAC exit aligned with forecasts, as did the preliminary guidance for 2025. The strategic shift towards leveraging the company's core competencies, coupled with sustained operational execution, is seen as a positive development.
Here are the latest investment ratings and price targets for $Johnson Controls (JCI.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
