Johnson Controls Inc (NYSE:JCI) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: September 20, 2016
Zacks Investment Research has downgraded Johnson Controls Inc(NYSE:JCI) to Hold in a report released on 9/20/2016.
On 9/16/2016, UBS released a statement on Johnson Controls Inc(NYSE:JCI) dropped the target price from $52.00 to $51.00 that indicated a possible upside of 0.15%.
Displaying a price of $44.20, Johnson Controls Inc (NYSE:JCI) traded 0.70% lower on the day. With the last stock price close down 2.30% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. Johnson Controls Inc has registered a 50-day moving average of $47.95 and two hundred day average of $44.92. 5,044,225 shares of Johnson Controls Inc exchanged hands, up from ann avg. trading volume of 4,564,940
With a market cap of $0.0, Johnson Controls Inc has a 52 week low of $31.73 and a one-year high of $50.65 with a price-earnings ratio of 44.
In addition to Zacks Investment Research reporting its target price, a total of 14 brokers have reported on JCI. The 12-month target stock price is $48.07 with five firms rating the company a strong buy, four analysts rating the company a buy, nine analyts rating the stock a hold, 0 rating the stock to underperform, and finally 0 firmsrating the stock as sell.
General Information About Johnson Controls Inc (NYSE:JCI)
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, and hybrid and electric vehicles.
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