Wells Fargo analyst Joe O’Dea maintained a Buy rating on Johnson Controls (JCI – Research Report) yesterday and set a price target of $70.00. The company’s shares closed yesterday at $60.47.
O’Dea covers the Industrials sector, focusing on stocks such as Eaton, Illinois Tool Works, and Johnson Controls. According to TipRanks, O’Dea has an average return of 6.9% and a 56.31% success rate on recommended stocks.
In addition to Wells Fargo, Johnson Controls also received a Buy from Oppenheimer’s Noah Kaye in a report issued on April 18. However, today, Barclays maintained a Hold rating on Johnson Controls (NYSE: JCI).
JCI market cap is currently $41.21B and has a P/E ratio of 24.46.
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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.
