Johnson Controls (JCI) : 12 analysts are covering Johnson Controls (JCI) and their average rating on the stock is 2.04, which is read as a Buy. 5 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 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Johnson Controls (JCI) : 9 investment research analysts covering Johnson Controls (JCI) have an average price target of $50 for the near short term. The highest target price given by the Brokerage Firm to the stock is $59 and the lowest target is $40 for the short term. Analysts expect the variance to be within $5.34 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Johnson Controls (NYSE:JCI): The stock opened at $44.96 on Thursday but the bulls could not build on the opening and the stock topped out at $45.00 for the day. The stock traded down to $44.46 during the day, due to lack of any buying support eventually closed down at $44.75 with a loss of -0.11% for the day. The stock had closed at $44.80 on the previous day. The total traded volume was 4,580,202 shares.
In a related news,The officer (Chairman & CEO) of Johnson Controls Inc, Molinaroli Alex A sold 67,790 shares at $37.41 on March 2, 2016. The Insider selling transaction had a total value worth of $2,536,024. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.