In a report released yesterday, Brian Johnson from Barclays maintained a Hold rating on Adient plc (ADNT), with a price target of $28. The company’s shares closed yesterday at $21.86, close to its 52-week low of $21.09.
According to TipRanks.com, Johnson is a 3-star analyst with an average return of 2.3% and a 49.5% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Arvinmeritor.
The word on The Street in general, suggests a Hold analyst consensus rating for Adient plc with a $33.60 average price target, a 53.7% upside from current levels. In a report issued on November 9, Wells Fargo also maintained a Hold rating on the stock.
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Adient plc’s market cap is currently $2.04B and has a P/E ratio of 168.15. The company has a Price to Book ratio of 0.53.
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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.
