In a report released yesterday, Joe O’Dea from Wells Fargo maintained a Buy rating on Johnson Controls (JCI – Research Report), with a price target of $73.00. The company’s shares closed last Friday at $63.66.
According to TipRanks, O’Dea is a 4-star analyst with an average return of 7.7% and a 56.59% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Eaton, and Lennox International.
In addition to Wells Fargo, Johnson Controls also received a Buy from Oppenheimer’s Noah Kaye in a report issued on April 18. However, on April 15, Barclays assigned a Hold rating to Johnson Controls (NYSE: JCI).
JCI market cap is currently $43.38B and has a P/E ratio of 20.72.
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Johnson Controls (JCI) Company Description:
Johnson Controls International plc is a diversified technology and multi-industrial company. The company’s operations include creation of intelligent buildings, air systems, HVAC controls, security and fire safety solutions, providing efficient energy solutions, integrated infrastructure, and next-generation transportation systems that work seamlessly together to deliver on the promise of smart cities and communities.
Read More on JCI:
- Johnson Controls discontinues receivables factoring programs
- Tyco enters $750M settlement with nationwide class of public water systems
- Johnson Controls price target raised to $68 from $59 at Citi
- Johnson Controls price target raised to $74 from $67 at Wolfe Research
- Johnson Controls price target raised to $70 from $62 at TD Cowen
