Johnson Controls (JCI) : Currently there are 9 street experts covering Johnson Controls (JCI) stock. The most bullish and bearish price target for the stock is $59 and $40 respectively for the short term. The average price target of all the analysts comes to $50.11. The estimated standard deviation from the target is $5.23.
Johnson Controls (JCI) : The consensus on Johnson Controls (JCI) based on 11 analyst recommendation on the company stock is 1.95, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, Brokerage firm Credit Suisse maintains its rating on Johnson Controls (NYSE:JCI). In a research note issued to the investors, the brokerage major maintains price-target of $52 per share.The shares have been rated Outperform. The rating by the firm was issued on August 23, 2016.
Johnson Controls (NYSE:JCI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.96 and $43.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.04, notching a gain of 2.64% for the day. The total traded volume was 8,749,587 . The stock had closed at $43.88 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.