Analyst Expectations For Johnson Controls Intl's Future
Portfolio Pulse from Benzinga Insights
Analyst evaluations of Johnson Controls Intl (NYSE:JCI) show mixed sentiments with a recent shift towards a more neutral stance. Over the last three months, 8 analysts have provided ratings, with the latest showing 0 bullish, 3 somewhat bullish, and 5 indifferent. The average 12-month price target has been adjusted to $66.5, up from $64.50, indicating a 3.1% increase. Analyst actions include both raises and lowers in ratings and price targets, reflecting ongoing market and company performance assessments. Johnson Controls, a leader in HVAC, fire, security, and refrigeration solutions, reported nearly $27 billion in revenue for fiscal 2023 but faces challenges in profitability and efficiency metrics.
May 06, 2024 | 5:01 pm
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Analysts show mixed sentiments on JCI, with a recent trend towards neutrality and an updated average price target of $66.5, indicating a positive outlook despite profitability and efficiency concerns.
The mixed analyst ratings with a recent shift towards neutrality reflect cautious optimism about JCI's future performance. The increase in the average price target suggests that analysts see potential for growth despite the company's current challenges in profitability and efficiency. This could lead to a short-term positive impact on JCI's stock price as investors react to the updated analyst expectations and the company's significant revenue generation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100