Brokerage firm Susquehanna Upgrades its rating on Johnson Controls Inc(JCI). As per the latest information, Susquehanna Raises the price target to $49 per share from a prior target of $47. The shares have been rated Positive. Previously, the analysts had a Neutral rating on the shares. The rating by the stock financial advisor at Susquehanna was issued on Mar 20, 2017 in a research report to their Investors and Clients.
In a different note, On Mar 13, 2017, Goldman Sachs said it Downgrades its rating on Johnson Controls Inc. According to the research note, Goldman Sachs Lowers the price target to $44 per share from a prior target of $48. The shares have been rated ‘Neutral’ by the firm. JP Morgan said it Initiates Coverage On Johnson Controls Inc, according to a research note issued on Mar 6, 2017. In the research note, the firm Announces the price-target to $44 per share. The shares have been rated ‘Neutral’ by the firm. On Feb 14, 2017, Argus Research said it Downgrades its rating on Johnson Controls Inc. The shares have been rated ‘Hold’ by the firm.
Johnson Controls Inc (JCI) made into the market gainers list on Wednesdays trading session with the shares advancing 1.04% or 0.43 points. Due to strong positive momentum, the stock ended at $41.81, which is also near the day’s high of $41.895. The stock began the session at $41.38 and the volume stood at 39,72,395 shares. The 52-week high of the shares is $46.17 and the 52 week low is $33.300221. The company has a current market capitalization of $39,247 M and it has 93,87,10,120 shares in outstanding.
Johnson Controls Inc(JCI) last announced its earnings results on Feb 1, 2017 for Fiscal Year 2017 and Q1.Company reported revenue of $7.096B. Analysts had an estimated revenue of $7.150B. Earnings per share were $0.53. Analysts had estimated an EPS of $0.52.
Several Insider Transactions has been reported to the SEC. On Aug 23, 2016, R Bruce Mcdonald (Exec VP & Vice Chairman) sold 98,166 shares at $44.95 per share price.Also, On Mar 3, 2016, Alex A Molinaroli (Chairman & CEO) sold 67,790 shares at $37.41 per share price.On Nov 30, 2015, Simon Davis (VP, Chief Human Resources Ofcr) sold 1,300 shares at $45.92 per share price, according to the Form-4 filing with the securities and exchange commission.
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.