Johnson Controls May Be Heading Toward A 'New Strategic Direction,' Says Bullish Analyst
Johnson Controls May Be Heading Toward A 'New Strategic Direction,' Says Bullish Analyst
Johnson Controls International PLC (NYSE:JCI) is scheduled to report its fiscal fourth-quarter results on Dec. 10, after having delivered an earnings beat for the previous quarter.
江森自控國際有限公司（紐約證券交易所代碼：JCI）在公佈了上一季度的收益之後，計劃於12月10日公佈其第四財季業績。
While the company has significant exposure to data centers, among the more profitable verticals, the naming of its new CEO is likely to act as a catalyst for the stock, according to BofA Securities.
美銀證券表示，儘管該公司在利潤更高的垂直行業中擁有大量數據中心敞口，但其新任首席執行官的任命可能會成爲該股的催化劑。
Analyst Andrew Obin upgraded the rating for Johnson Controls International from Neutral to Buy, while raising the price target from $76 to $80.
分析師安德魯·奧賓將江森自控國際的評級從中性上調至買入，同時將目標股價從76美元上調至80美元。
The Johnson Controls International Thesis: The company is on track to generate around $4 billion from data centers, comprising about 14% of the estimated revenues for fiscal 2024, Obin said in the upgrade note.
江森自控國際論文：奧賓在升級說明中表示，該公司有望從數據中心創造約40億美元的收入，約佔2024財年估計收入的14％。
Check out other analyst stock ratings.
查看其他分析師股票評級。
"The pending divestitures of JCI's Air Distribution Technologies and Residential & Light Commercial HVAC businesses will directionally increase JCI's data center revenue mix further," he added.
他補充說：「江森自控的空氣分配技術以及住宅和輕型商用暖通空調業務即將剝離，這將直接進一步增加江森自控的數據中心收入組合。」
Johnson Controls International's stock is currently trading at a discount to its US HVAC peers, the analyst stated.
該分析師表示，江森自控國際的股票目前的交易價格低於美國暖通空調同行。
The company is searching for a new CEO and is likely to make an announcement before the end of this year, which would be a "positive catalyst," Obin said. "Combined with activist investor involvement, we believe this potentially signals a new strategic direction for the company," he further wrote.
奧賓說，該公司正在尋找新的首席執行官，並可能在今年年底之前宣佈這一消息，這將是一個 「積極的催化劑」。他進一步寫道：「再加上激進投資者的參與，我們認爲這可能預示着公司新的戰略方向。」
JCI Price Action: Shares of Johnson Controls International had risen by 1.9% to $69.89 at the time of publication on Tuesday.
江森自控價格走勢：在週二公佈時，江森自控國際的股價上漲了1.9％，至69.89美元。
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Photo: Grand Warszawski/Shutterstock.com
照片：Grand Warszawski/Shutterstock.com
譯文內容由第三人軟體翻譯。