Johnson Controls International plc Ordinary Share (JCI) Downgraded by UBS

UBS downgraded shares of Johnson Controls International plc Ordinary Share (NYSE:JCI) from a positive rating to a neutral rating in a research note issued to investors on Wednesday, November 15th, The Fly reports.

JCI has been the topic of several other research reports. Morgan Stanley set a $48.00 price target on shares of Johnson Controls International plc Ordinary Share and gave the stock an overweight rating in a research note on Monday, October 2nd. BidaskClub downgraded shares of Johnson Controls International plc Ordinary Share from a sell rating to a strong sell rating in a research note on Friday, August 18th. Zacks Investment Research raised shares of Johnson Controls International plc Ordinary Share from a sell rating to a hold rating in a research note on Tuesday, September 5th. TheStreet raised shares of Johnson Controls International plc Ordinary Share from a c rating to a b rating in a research note on Thursday, July 27th. Finally, Oppenheimer reaffirmed a buy rating and issued a $50.00 price target (down previously from $52.00) on shares of Johnson Controls International plc Ordinary Share in a research note on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company. Johnson Controls International plc Ordinary Share presently has an average rating of Hold and an average target price of $47.79.

Johnson Controls International plc Ordinary Share (JCI) traded up $0.01 during trading on Wednesday, hitting $37.43. 8,025,307 shares of the stock traded hands, compared to its average volume of 5,176,186. The company has a market cap of $34,629.78, a price-to-earnings ratio of 14.34, a PEG ratio of 1.01 and a beta of 0.90. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.56. Johnson Controls International plc Ordinary Share has a 12-month low of $34.51 and a 12-month high of $45.91.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last released its earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.87. The firm had revenue of $8.14 billion during the quarter, compared to analyst estimates of $8.10 billion. Johnson Controls International plc Ordinary Share had a net margin of 6.32% and a return on equity of 11.91%. The business’s revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the business earned $1.21 EPS. equities analysts forecast that Johnson Controls International plc Ordinary Share will post 2.8 EPS for the current year.

In other Johnson Controls International plc Ordinary Share news, CEO George Oliver bought 27,300 shares of the business’s stock in a transaction on Friday, November 24th. The shares were acquired at an average price of $36.80 per share, with a total value of $1,004,640.00. Following the transaction, the chief executive officer now owns 634,732 shares of the company’s stock, valued at approximately $23,358,137.60. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Jeffrey M. Williams sold 1,955 shares of the firm’s stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Several large investors have recently added to or reduced their stakes in JCI. Bessemer Group Inc. boosted its holdings in shares of Johnson Controls International plc Ordinary Share by 5.5% in the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock valued at $110,000 after buying an additional 133 shares in the last quarter. Harfst & Associates Inc. boosted its holdings in shares of Johnson Controls International plc Ordinary Share by 16.9% in the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock valued at $116,000 after buying an additional 389 shares in the last quarter. Perigon Wealth Management LLC boosted its holdings in shares of Johnson Controls International plc Ordinary Share by 171.7% in the 2nd quarter. Perigon Wealth Management LLC now owns 2,663 shares of the auto parts company’s stock valued at $116,000 after buying an additional 1,683 shares in the last quarter. Grove Bank & Trust boosted its holdings in shares of Johnson Controls International plc Ordinary Share by 57.7% in the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock valued at $117,000 after buying an additional 985 shares in the last quarter. Finally, Archford Capital Strategies LLC boosted its holdings in shares of Johnson Controls International plc Ordinary Share by 5,344.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 8,167 shares of the auto parts company’s stock valued at $124,000 after buying an additional 8,017 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

TRADEMARK VIOLATION WARNING: This news story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2017/12/04/johnson-controls-international-plc-jci-stock-rating-lowered-by-ubs-ag.html.

Johnson Controls International plc Ordinary Share Company Profile

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 Fly

Analyst Recommendations for Johnson Controls International plc Ordinary Share (NYSE:JCI)

Receive News & Ratings for Johnson Controls International plc Ordinary Share Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International plc Ordinary Share and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply