Morgan Stanley Reaffirms Their Sell Rating on Adient plc (ADNT)


Morgan Stanley analyst Armintas Sinkevicius maintained a Sell rating on Adient plc (ADNT) today and set a price target of $20. The company’s shares closed yesterday at $24.47, close to its 52-week low of $21.09.

Sinkevicius has an average return of 48.6% when recommending Adient plc.

According to TipRanks.com, Sinkevicius is ranked #3243 out of 4890 analysts.

Currently, the analyst consensus on Adient plc is a Hold with an average price target of $31.33.

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Adient plc’s market cap is currently $2.28B and has a P/E ratio of 188.23. The company has a Price to Book ratio of 0.60.

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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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