Barclays Keeps Their Hold Rating on Adient plc (ADNT)


In a report released yesterday, Brian Johnson from Barclays maintained a Hold rating on Adient plc (NYSE: ADNT), with a price target of $38. The company’s shares opened today at $31.10, close to its 52-week low of $29.55.

According to TipRanks.com, Johnson is a 4-star analyst with an average return of 3.9% and a 52.6% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, Arvinmeritor, and Dana Holding.

Currently, the analyst consensus on Adient plc is a Hold with an average price target of $43.88, a 41.1% upside from current levels. In a report issued on October 10, Robert W. Baird also maintained a Hold rating on the stock with a $42 price target.

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The company has a one-year high of $86.27 and a one-year low of $29.55. Currently, Adient plc has an average volume of 1.79M.

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Adient plc engages in designing, developing, manufacturing, and delivering complete seat systems for vehicles. It operates through the Seating and Interiors segments. The Seating segment produces automotive seat metal structures and mechanisms, foam, trim, and fabric.

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