Johnson Controls International’s (JCI) “Hold” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Johnson Controls International (NYSE:JCIGet Free Report)‘s stock had its “hold” rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a report released on Wednesday, Benzinga reports. They currently have a $60.00 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 10.11% from the stock’s current price.

A number of other analysts have also recently weighed in on the company. Vertical Research cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $55.00 price objective for the company. in a research report on Wednesday, December 13th. Citigroup raised their price target on Johnson Controls International from $58.00 to $61.00 and gave the company a “neutral” rating in a report on Monday, December 11th. TheStreet raised Johnson Controls International from a “c+” rating to a “b-” rating in a report on Tuesday, December 26th. Barclays reduced their price target on Johnson Controls International from $60.00 to $59.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Wells Fargo & Company raised their price target on Johnson Controls International from $62.00 to $63.00 and gave the company an “overweight” rating in a report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $63.55.

Check Out Our Latest Stock Analysis on Johnson Controls International

Johnson Controls International Stock Down 3.8 %

Johnson Controls International stock opened at $54.49 on Wednesday. Johnson Controls International has a twelve month low of $47.90 and a twelve month high of $70.43. The stock has a 50 day moving average of $55.21 and a two-hundred day moving average of $56.22. The company has a current ratio of 0.97, a quick ratio of 0.72 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $37.09 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 1.37 and a beta of 1.24.

Johnson Controls International (NYSE:JCIGet Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.51. Johnson Controls International had a return on equity of 13.85% and a net margin of 6.90%. The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.94 billion. During the same period last year, the firm earned $0.67 EPS. The firm’s revenue for the quarter was up .4% on a year-over-year basis. As a group, research analysts expect that Johnson Controls International will post 3.66 earnings per share for the current year.

Insider Activity

In other news, CEO George Oliver sold 103,332 shares of Johnson Controls International stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $52.30, for a total value of $5,404,263.60. Following the completion of the sale, the chief executive officer now owns 980,403 shares of the company’s stock, valued at $51,275,076.90. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 103,892 shares of company stock valued at $5,435,042 over the last quarter. Company insiders own 0.69% of the company’s stock.

Institutional Investors Weigh In On Johnson Controls International

Institutional investors have recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Johnson Controls International during the fourth quarter worth about $25,000. NBC Securities Inc. acquired a new position in shares of Johnson Controls International in the third quarter worth about $26,000. Certified Advisory Corp acquired a new position in shares of Johnson Controls International in the first quarter worth about $26,000. BDO Wealth Advisors LLC lifted its stake in shares of Johnson Controls International by 145.4% in the second quarter. BDO Wealth Advisors LLC now owns 427 shares of the company’s stock worth $29,000 after acquiring an additional 253 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Johnson Controls International in the third quarter worth about $30,000. Hedge funds and other institutional investors own 88.64% of the company’s stock.

Johnson Controls International Company Profile

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Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.

Further Reading

Analyst Recommendations for Johnson Controls International (NYSE:JCI)

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