Johnson Controls International PLC (NYSE:JCI)‘s stock had its “hold” rating reaffirmed by stock analysts at Vertical Group in a research report issued on Friday.

A number of other equities analysts have also recently issued reports on the company. Vertical Research cut Johnson Controls International PLC from a “buy” rating to a “hold” rating in a report on Friday. Cowen and Company restated a “buy” rating and set a $48.00 price target on shares of Johnson Controls International PLC in a report on Thursday. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $50.00 target price (down from $52.00) on shares of Johnson Controls International PLC in a research report on Tuesday, October 31st. JMP Securities set a $50.00 target price on Johnson Controls International PLC and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $50.00 target price (up from $47.00) on shares of Johnson Controls International PLC in a research report on Monday, October 9th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $47.79.

Johnson Controls International PLC (JCI) traded down $1.58 during trading on Friday, hitting $36.93. The company’s stock had a trading volume of 13,793,600 shares, compared to its average volume of 5,060,376. The company has a market cap of $34,271.04, a PE ratio of 14.15, a price-to-earnings-growth ratio of 0.98 and a beta of 0.94. Johnson Controls International PLC has a 52-week low of $36.48 and a 52-week high of $46.17. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.04 and a quick ratio of 0.77.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.87. The firm had revenue of $8.14 billion for the quarter, compared to analysts’ expectations of $8.10 billion. Johnson Controls International PLC had a return on equity of 11.91% and a net margin of 6.32%. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.21 EPS. sell-side analysts expect that Johnson Controls International PLC will post 2.84 earnings per share for the current fiscal year.

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In other Johnson Controls International PLC news, VP Jeffrey M. Williams sold 1,955 shares of the firm’s stock in a transaction dated Wednesday, October 11th. The stock was sold at an average price of $41.43, for a total value of $80,995.65. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.50% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the business. Mackenzie Financial Corp raised its holdings in shares of Johnson Controls International PLC by 10.3% in the 3rd quarter. Mackenzie Financial Corp now owns 836,622 shares of the auto parts company’s stock valued at $33,708,000 after acquiring an additional 78,350 shares in the last quarter. Shufro Rose & Co. LLC raised its holdings in shares of Johnson Controls International PLC by 11.9% in the 3rd quarter. Shufro Rose & Co. LLC now owns 598,746 shares of the auto parts company’s stock valued at $24,123,000 after acquiring an additional 63,456 shares in the last quarter. Poplar Forest Capital LLC raised its holdings in shares of Johnson Controls International PLC by 41.7% in the 3rd quarter. Poplar Forest Capital LLC now owns 1,066,286 shares of the auto parts company’s stock valued at $42,961,000 after acquiring an additional 313,527 shares in the last quarter. Artisan Partners Limited Partnership purchased a new stake in shares of Johnson Controls International PLC in the 3rd quarter valued at about $13,371,000. Finally, Welch & Forbes LLC purchased a new stake in shares of Johnson Controls International PLC in the 3rd quarter valued at about $6,313,000. 85.98% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International PLC 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.

Analyst Recommendations for Johnson Controls International PLC (NYSE:JCI)

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