Johnson Controls Gets a Buy Rating from Oppenheimer

In a report released today, Noah Kaye from Oppenheimer assigned a Buy rating to Johnson Controls (NYSE: JCI). The company’s shares opened today at $34.59, close to its 52-week low of $32.89.

According to TipRanks.com, Kaye is a 4-star analyst with an average return of 4.8% and a 46.1% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as BorgWarner, Cummins, and EnerSys.

Johnson Controls has an analyst consensus of Hold, with a price target consensus of $36.60.

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The company has a one-year high of $44.37 and a one-year low of $32.89. Currently, Johnson Controls has an average volume of 5.33M.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.

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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.