Blurbs

J.P. Morgan Thinks Johnson Controls’ Stock is Going to Recover

J.P. Morgan analyst Stephen Tusa maintained a Buy rating on Johnson Controls (JCIResearch Report) yesterday and set a price target of $50.00. The company’s shares closed last Thursday at $47.43, close to its 52-week low of $46.22.

According to TipRanks.com, Tusa is a 5-star analyst with an average return of 10.6% and a 63.7% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and John Bean Technologies.

Currently, the analyst consensus on Johnson Controls is a Strong Buy with an average price target of $65.93, a 37.6% upside from current levels. In a report issued on June 23, Goldman Sachs also maintained a Buy rating on the stock with a $62.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Johnson Controls’ market cap is currently $33B and has a P/E ratio of 27.49.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Johnson Controls International plc is a diversified technology and multi-industrial company. The company’s operations include creation of intelligent buildings, air systems, HVAC controls, security and fire safety solutions, providing efficient energy solutions, integrated infrastructure, and next-generation transportation systems that work seamlessly together to deliver on the promise of smart cities and communities.

Read More on JCI:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos