Analyst Rating Update on Johnson Controls (JCI)

Johnson Controls (JCI) has an average broker rating of 2.04, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Johnson Controls (JCI) : The highest level Johnson Controls (JCI) is projected to reach is $59 for the short term and the lowest estimate is at $40. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $50 and the possibility the share price can swing is $5.34.

For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Credit Suisse upgrades its rating on Johnson Controls (NYSE:JCI). The shares have been rated Outperform. The rating by the firm was issued on May 24, 2016.


Johnson Controls (NYSE:JCI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.89 and $44.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.12, notching a gain of 0.40% for the day. The total traded volume was 5,103,818 . The stock had closed at $44.94 on the previous day.

Johnson Controls, Inc. is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions. The Building Efficiency segment offers designing, producing, marketing and installing integrated heating, ventilating and air conditioning (HVAC) systems, building management systems, controls, security and mechanical equipment. The Power Solutions segment offers lead-acid automotive batteries for passenger cars, light trucks and utility vehicles. The Company serves both automotive original equipment manufacturers (OEMs) and the general vehicle battery aftermarket. The Company also supplies advanced battery technologies to power start-stop, hybrid and electric vehicles.

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