Brokerage Firm Rating Update on Johnson Controls (JCI)

Johnson Controls (JCI) has an average broker rating of 2.32, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Johnson Controls (JCI) stock is expected to deviate a maximum of $9.4 from the average target price of $45.03 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $55 and the most muted being $28.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Credit Suisse maintains its rating on Johnson Controls (NYSE:JCI). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Credit Suisse maintains a current price target of $52 per share. The rating by the firm was issued on August 23, 2016.

Johnson Controls (NYSE:JCI): stock was range-bound between the intraday low of $47.07 and the intraday high of $48.93 after having opened at $48.83 on Wednesdays session. The stock finally closed in the red at $48.83, a loss of -3.44%. The stock remained in the red for the whole trading day. The total traded volume was 10,753,582 shares. The stock failed to cross $48.93 in Wednesdays trading. The stocks closing price on Thursday was $48.9.

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.

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