Analysts Set Johnson Controls International plc (NYSE:JCI) PT at $67.43

Johnson Controls International plc (NYSE:JCIGet Rating) has been given an average recommendation of “Moderate Buy” by the seventeen analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $67.43.

Several equities analysts recently issued reports on the stock. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $53.00 to $61.00 in a report on Friday, November 4th. StockNews.com upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Friday, November 4th. TheStreet raised shares of Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Wednesday, September 7th. Citigroup lifted their price target on shares of Johnson Controls International from $54.00 to $64.00 in a research note on Friday, November 4th. Finally, Credit Suisse Group lifted their price target on shares of Johnson Controls International from $63.00 to $65.00 and gave the company an “outperform” rating in a research note on Friday, November 4th.

Institutional Investors Weigh In On Johnson Controls International

Hedge funds and other institutional investors have recently made changes to their positions in the business. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Johnson Controls International during the first quarter worth about $27,000. Motco grew its position in Johnson Controls International by 121.2% in the 1st quarter. Motco now owns 480 shares of the company’s stock worth $31,000 after purchasing an additional 263 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its position in Johnson Controls International by 48.3% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 654 shares of the company’s stock worth $32,000 after purchasing an additional 213 shares in the last quarter. Rosenberg Matthew Hamilton bought a new stake in Johnson Controls International in the 3rd quarter worth about $36,000. Finally, Salem Investment Counselors Inc. grew its position in Johnson Controls International by 152.4% in the 1st quarter. Salem Investment Counselors Inc. now owns 588 shares of the company’s stock worth $39,000 after purchasing an additional 355 shares in the last quarter. 88.79% of the stock is owned by institutional investors.

Johnson Controls International Price Performance

JCI stock opened at $66.95 on Friday. The firm has a market cap of $45.97 billion, a price-to-earnings ratio of 30.29, a PEG ratio of 1.36 and a beta of 1.19. The company has a quick ratio of 0.82, a current ratio of 1.04 and a debt-to-equity ratio of 0.43. Johnson Controls International has a 12-month low of $45.52 and a 12-month high of $81.77. The company’s fifty day simple moving average is $56.81 and its 200 day simple moving average is $53.96.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 14th. Stockholders of record on Monday, September 26th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend was Friday, September 23rd. Johnson Controls International’s payout ratio is presently 63.35%.

About Johnson Controls International

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Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.

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Analyst Recommendations for Johnson Controls International (NYSE:JCI)

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