Analysts Offer Insights on Consumer Goods Companies: Dana Holding Corp (NYSE: DAN) and Johnson Controls (NYSE: JCI)

Analysts fell to the sidelines weighing in on Dana Holding Corp (NYSE: DAN) and Johnson Controls (NYSE: JCI) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Dana Holding Corp (NYSE: DAN)

In a report released today, Ryan Brinkman from J.P. Morgan reiterated a Hold rating on Dana Holding (NYSE: DAN), with a price target of $14. The company’s shares opened today at $12.87.

According to TipRanks.com, Brinkman is a 5-star analyst with an average return of 11.6% and a 62.3% success rate. Brinkman covers the Consumer Goods sector, focusing on stocks such as Tower International, Cooper Tire Rubber, and Tenneco Automotive.

Dana Holding has an analyst consensus of Moderate Buy, with a price target consensus of $14

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Johnson Controls (NYSE: JCI)

In a report released today, Ryan Brinkman from J.P. Morgan reiterated a Hold rating on Johnson Controls (NYSE: JCI), with a price target of $48. The company’s shares opened today at $45.50, close to its 52-week high of $46.88.

Brinkman said, “JCI reported F3Q earnings that were stronger than both JPM and consensus expectations and which also surpassed company guidance issued at the time of F2Q earnings. The upside was led by better than expected margin in the Building Efficiency and Power Solutions businesses. Automotive Experience results, meanwhile, tracked modestly softer than we had expected. Putting it all together, JCI reported F3Q EPS of $1.07 vs. both JPM and consensus of $1.03 and vs. original guidance of $1.01-$1.04. Led by the stronger than expected performance, management decided to raise its full year EPS guidance to a range of $3.95-$3.98, towards the high- end of its prior range of $3.85-$4.00. Looking at the quarter, revenue tracked $9.52 bn, splitting JPM of $9.41 bn and consensus of $9.62 bn. Segment Operating Income (SOI) tracked higher, at $1,003 mn vs. JPM $937 mn, on SOI margin of 10.5% vs. JPM 10.0%. The overall SOI beat vs. JPM was driven by a large beat at Building Efficiency ($397 mn vs. JPM of $329 mn), given stronger sales and margin, and a modest beat at Power Solutions ($262 mn vs. JPM $249 mn), partially offset by slightly softer Automotive results ($344 mn vs. JPM $359 mn). We are raising our FY16 and FY17 estimates, primarily given the trend of stronger execution at Building Efficiency and Power Solutions, and now forecast FY16 EPS of $3.93 vs. $3.88 prior, and FY17 EPS of $4.15 vs. $4.05 prior, our December 2016 price target increases to $48, from $47 prior, on our higher estimates.”

According to TipRanks.com, Brinkman is a 5-star analyst with an average return of 11.6% and a 62.3% success rate. Brinkman covers the Consumer Goods sector, focusing on stocks such as Tower International, Cooper Tire Rubber, and Tenneco Automotive.

Currently, the analyst consensus on Johnson Controls is Moderate Buy and the average price target is $48.88, representing a 7.4% upside.

In a report issued on July 15, Wells Fargo also reiterated a Hold rating on the stock with a $45.50 price target.