Johnson Controls International PLC (NYSE:JCI)‘s stock had its “buy” rating reissued by equities research analysts at Oppenheimer Holdings, Inc. in a research note issued to investors on Friday. They presently have a $45.00 target price on the auto parts company’s stock, down from their previous target price of $50.00. Oppenheimer Holdings, Inc.’s price objective points to a potential upside of 21.85% from the stock’s current price.

JCI has been the subject of several other research reports. Morgan Stanley decreased their price objective on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a research note on Monday, August 7th. BidaskClub downgraded shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Zacks Investment Research upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Monday, September 11th. Cowen and Company restated a “buy” rating and issued a $48.00 price objective on shares of Johnson Controls International PLC in a research note on Wednesday, September 27th. Finally, TheStreet upgraded shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $47.79.

Johnson Controls International PLC (JCI) traded down $1.58 during trading on Friday, hitting $36.93. The stock had a trading volume of 13,793,600 shares, compared to its average volume of 5,060,376. Johnson Controls International PLC has a 1-year low of $36.48 and a 1-year high of $46.17. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $34,271.04, a price-to-earnings ratio of 14.15, a P/E/G ratio of 0.98 and a beta of 0.94.

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

ILLEGAL ACTIVITY NOTICE: This piece of content was first posted by Daily Political and is the property of of Daily Political. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of international trademark & copyright legislation. The legal version of this piece of content can be accessed at https://www.dailypolitical.com/2017/11/13/johnson-controls-international-plc-jci-stock-rating-reaffirmed-by-oppenheimer-holdings-inc.html.

In related news, VP Jeffrey M. Williams sold 1,955 shares of the firm’s stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.50% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Honeywell International Inc. boosted its position in Johnson Controls International PLC by 216.7% during the third quarter. Honeywell International Inc. now owns 950,200 shares of the auto parts company’s stock worth $38,284,000 after acquiring an additional 650,200 shares during the last quarter. Federated Investors Inc. PA boosted its position in Johnson Controls International PLC by 368.6% during the second quarter. Federated Investors Inc. PA now owns 73,435 shares of the auto parts company’s stock worth $3,184,000 after acquiring an additional 57,764 shares during the last quarter. Nomura Holdings Inc. acquired a new stake in Johnson Controls International PLC during the second quarter worth approximately $4,338,000. Oppenheimer & Co. Inc. boosted its position in Johnson Controls International PLC by 13.4% during the second quarter. Oppenheimer & Co. Inc. now owns 194,832 shares of the auto parts company’s stock worth $8,449,000 after acquiring an additional 22,960 shares during the last quarter. Finally, First National Trust Co. boosted its position in Johnson Controls International PLC by 15.3% during the second quarter. First National Trust Co. now owns 26,265 shares of the auto parts company’s stock worth $1,139,000 after acquiring an additional 3,482 shares during the last quarter. Hedge funds and other institutional investors own 85.98% of the company’s stock.

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)

Receive News & Ratings for Johnson Controls International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International PLC and related companies with MarketBeat.com's FREE daily email newsletter.