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Analysts Offer Insights on Industrial Goods Companies: Cheniere Energy (LNG), Johnson Controls (JCI) and Adient (ADNT)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Cheniere Energy (LNGResearch Report), Johnson Controls (JCIResearch Report) and Adient (ADNTResearch Report).

Cheniere Energy (LNG)

J.P. Morgan analyst Jeremy Tonet maintained a Buy rating on Cheniere Energy yesterday and set a price target of $199.00. The company’s shares closed last Wednesday at $150.77, close to its 52-week high of $152.68.

According to TipRanks.com, Tonet is a 4-star analyst with an average return of 6.7% and a 59.9% success rate. Tonet covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Equitrans Midstream.

Cheniere Energy has an analyst consensus of Strong Buy, with a price target consensus of $177.70, implying a 19.4% upside from current levels. In a report issued on August 1, Evercore ISI also maintained a Buy rating on the stock with a $174.00 price target.

See today’s best-performing stocks on TipRanks >>

Johnson Controls (JCI)

In a report issued on August 8, Stephen Tusa from J.P. Morgan maintained a Buy rating on Johnson Controls, with a price target of $54.00. The company’s shares closed last Wednesday at $55.45.

According to TipRanks.com, Tusa is a 5-star analyst with an average return of 10.7% and a 64.3% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and John Bean Technologies.

Johnson Controls has an analyst consensus of Strong Buy, with a price target consensus of $60.71, a 10.0% upside from current levels. In a report issued on August 5, Barclays also maintained a Buy rating on the stock with a $61.00 price target.

Adient (ADNT)

In a report issued on August 8, Ryan Brinkman from J.P. Morgan maintained a Hold rating on Adient, with a price target of $32.00. The company’s shares closed last Wednesday at $35.76.

According to TipRanks.com, Brinkman is a 2-star analyst with an average return of 0.3% and a 60.4% success rate. Brinkman covers the Industrial Goods sector, focusing on stocks such as Magna International, Tenneco Automotive, and Dana Holding.

Adient has an analyst consensus of Moderate Buy, with a price target consensus of $40.43.

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