Johnson Controls International PLC (NYSE:JCI) has been assigned an average recommendation of “Buy” from the twenty-six research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $49.92.

Several equities analysts have weighed in on the company. BidaskClub upgraded Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Cowen and Company restated an “outperform” rating and set a $52.00 price objective on shares of Johnson Controls International PLC in a research note on Friday, May 19th. Royal Bank Of Canada restated a “hold” rating and set a $43.00 price objective (down from $48.00) on shares of Johnson Controls International PLC in a research note on Friday, July 28th. Gabelli upgraded Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Friday, July 28th. Finally, Atlantic Securities cut Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a research note on Friday, July 28th.

Johnson Controls International PLC (NYSE:JCI) traded down 0.0946% during mid-day trading on Friday, reaching $38.8532. 1,733,331 shares of the company’s stock traded hands. The stock’s market cap is $36.23 billion. The company has a 50 day moving average price of $42.07 and a 200-day moving average price of $41.96. Johnson Controls International PLC has a 12 month low of $38.51 and a 12 month high of $49.83.

Johnson Controls International PLC (NYSE:JCI) last issued its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share for the quarter, meeting the consensus estimate of $0.71. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. The business had revenue of $7.67 billion for the quarter, compared to analysts’ expectations of $7.72 billion. During the same period last year, the business earned $1.07 EPS. The business’s revenue was up 48.8% on a year-over-year basis. On average, analysts anticipate that Johnson Controls International PLC will post $2.61 EPS for the current year.

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A number of large investors have recently made changes to their positions in the stock. Lazard Asset Management LLC boosted its stake in shares of Johnson Controls International PLC by 0.9% in the second quarter. Lazard Asset Management LLC now owns 11,337,622 shares of the auto parts company’s stock worth $491,599,000 after buying an additional 105,806 shares in the last quarter. OppenheimerFunds Inc. boosted its stake in shares of Johnson Controls International PLC by 31.3% in the first quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock worth $472,135,000 after buying an additional 2,670,778 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Johnson Controls International PLC by 19.7% in the second quarter. Ameriprise Financial Inc. now owns 10,564,756 shares of the auto parts company’s stock worth $458,142,000 after buying an additional 1,736,815 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Johnson Controls International PLC by 19.2% in the first quarter. Bank of New York Mellon Corp now owns 9,214,364 shares of the auto parts company’s stock worth $388,108,000 after buying an additional 1,483,178 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Johnson Controls International PLC by 9.3% in the first quarter. Geode Capital Management LLC now owns 9,137,888 shares of the auto parts company’s stock worth $384,341,000 after buying an additional 780,842 shares in the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

About Johnson Controls International PLC

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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