Can analysts adopt a bullish outlook for Johnson Controls International plc (NYSE:JCI)?

September 16, 2018 - By Michele Cranor

Johnson Controls International plc (NYSE:JCI) LogoInvestors sentiment increased to 3.5 in 2018 Q2. Its up 2.87, from 0.63 in 2018Q1. It improved, as 2 investors sold Johnson Controls International plc shares while 0 reduced holdings. 3 funds opened positions while 4 raised stakes. 611,048 shares or 223.34% more from 188,978 shares in 2018Q1 were reported.
Whittier Of Nevada stated it has 1,465 shares. Cibc World Mkts Corp holds 236,216 shares or 0.07% of its portfolio. Cutler Management Limited Liability accumulated 0.32% or 22,500 shares. Cleararc Capital, a Ohio-based fund reported 23,674 shares. Gemmer Asset Mngmt Ltd Limited Liability Company invested 0% of its portfolio in Johnson Controls International plc (NYSE:JCI). Whittier Trust has 12,251 shares for 0.03% of their portfolio. Vantage Invest Advisors Ltd Limited Liability Company reported 0.01% in Johnson Controls International plc (NYSE:JCI).

Johnson Controls International plc (NYSE:JCI) Ratings Coverage

Among 8 analysts covering Johnson Controls (NYSE:JCI), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Johnson Controls had 10 analyst reports since March 26, 2018 according to SRatingsIntel. The stock of Johnson Controls International plc (NYSE:JCI) earned “Hold” rating by Robert W. Baird on Thursday, April 19. The company was maintained on Thursday, August 2 by Citigroup. The stock of Johnson Controls International plc (NYSE:JCI) has “Buy” rating given on Tuesday, August 21 by Argus Research. The rating was maintained by UBS on Thursday, August 30 with “Buy”. The stock of Johnson Controls International plc (NYSE:JCI) has “Underperform” rating given on Thursday, April 5 by RBC Capital Markets. The company was maintained on Monday, March 26 by Susquehanna. The rating was downgraded by UBS to “Neutral” on Tuesday, September 11. Barclays Capital maintained it with “Equal-Weight” rating and $38 target in Monday, July 9 report. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, August 1 report. Below is a list of Johnson Controls International plc (NYSE:JCI) latest ratings and price target changes.

11/09/2018 Broker: UBS Old Rating: Buy New Rating: Neutral Old Target: $44 New Target: $40 Downgrade
30/08/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $46 New Target: $44 Maintain
21/08/2018 Broker: Argus Research Old Rating: Hold New Rating: Buy Upgrade
21/08/2018 Broker: Morgan Stanley Rating: Equal-Weight New Target: $40 Initiates Coverage On
02/08/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $45 New Target: $46 Maintain
01/08/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $38 New Target: $39 Maintain
09/07/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $41 New Target: $38 Maintain
19/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $38.0000 Maintain
05/04/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Underperform Downgrade
26/03/2018 Broker: Susquehanna Rating: Hold New Target: $37.0000 Maintain

The stock increased 0.16% or $0.06 during the last trading session, reaching $38. About 2.35 million shares traded. Johnson Controls International plc (NYSE:JCI) has declined 6.08% since September 16, 2017 and is downtrending. It has underperformed by 21.70% the S&P500.

Johnson Controls International plc operates as a diversified technology and multi industrial firm worldwide. The company has market cap of $35.15 billion. The firm operates through Buildings and Power Solutions divisions. It has a 15.66 P/E ratio. It designs, produces, markets, and installs heating, ventilating, and air conditioning systems, building management systems, controls, and security and mechanical equipment.

Another recent and important Johnson Controls International plc (NYSE:JCI) news was published by Seekingalpha.com which published an article titled: “Johnson Controls International declares $0.26 dividend” on September 12, 2018.

Johnson Controls International plc (NYSE:JCI) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.