Johnson Controls (JCI) : 15 analysts are covering Johnson Controls (JCI) and their average rating on the stock is 2.23, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Johnson Controls (JCI) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Johnson Controls (JCI) : The highest level Johnson Controls (JCI) is projected to reach is $55 for the short term and the lowest estimate is at $43. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $50.2 and the possibility the share price can swing is $4.6.
Also, Atlantic Equities assumes its rating on Johnson Controls (NYSE:JCI). Analysts at the Atlantic Equities have a current rating of Overweight on the shares. The rating by the firm was issued on September 9, 2016.
Johnson Controls (NYSE:JCI): The stock opened in the green at $44.49 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $44.7701 and a low of $44.21 for the day. The stock did not find buyers even at the lows and closed at $44.28 recording a loss of -0.56%. 7,446,201 shares exchanged hands during the trading day. The stock had closed at $44.53 in the previous days trading.
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.