Barclays Maintains a Hold Rating on Johnson Controls


Barclays analyst Julian Mitchell maintained a Hold rating on Johnson Controls (NYSE: JCI) today and set a price target of $38. The company’s shares closed on Friday at $34.64, close to its 52-week low of $32.89.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 11.3% and a 68.0% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Gates Industrial Corp Plc, Honeywell International, and Rockwell Automation Inc.

Currently, the analyst consensus on Johnson Controls is a Hold with an average price target of $37.17.

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Johnson Controls’ market cap is currently $32.08B and has a P/E ratio of 15.46. The company has a Price to Book ratio of 1.54.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Johnson Controls International Plc engages in the provision of buildings products, energy solutions, integrated infrastructure and next generation transportation systems. Its technology and service capabilities include fire, security, HVAC, power solutions and energy storage to serve various end markets including large institutions, commercial buildings, retail, industrial, small business and residential. The company was established in 1885 and is headquartered in Cork, Ireland.

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