Market Overview

UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Johnson Controls

Related JCI
Johnson Controls, Hitachi Complete Global Air Conditioning JV Agreement
Baird On Autos: This Is A 'Correction,' Not 'Top Of The Cycle'

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Johnson Controls (NYSE: JCI), and slightly raised its price target from $26.00 to $27.00.

Jefferies noted, “JCI's F4Q:12 results were a mixed bag again, with the company eking out an in-line adjusted EPS number with benefits from a lower tax rate and lower share count. We actually want to like this stock, given how out of favor it is. We just can't get over the near-term headwinds yet.”

Johnson Controls closed on Tuesday at $25.81.

Latest Ratings for JCI

Oct 2015NormuaUpgradesBuy
Sep 2015William BlairUpgradesMarket PerformOutperform
Sep 2015SusquehannaMaintainsNeutral

View More Analyst Ratings for JCI
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings


Related Articles (JCI)

View Comments and Join the Discussion!

Get Benzinga's Newsletters