Johnson Controls (JCI) Receives a Hold from Cowen & Co.


Cowen & Co. analyst Gautam Khanna maintained a Hold rating on Johnson Controls (JCI) today and set a price target of $38. The company’s shares closed yesterday at $41.27, close to its 52-week high of $42.18.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 14.2% and a 74.8% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies Inc, Transdigm Group Inc, and Huntington Ingalls.

Currently, the analyst consensus on Johnson Controls is a Hold with an average price target of $39.50.

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Johnson Controls’ market cap is currently $37.06B and has a P/E ratio of 16.12. The company has a Price to Book ratio of 1.85.

Based on the recent corporate insider activity of 72 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.

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