Johnson Controls (JCI) Receives a Hold from J.P. Morgan

J.P. Morgan analyst Stephen Tusa maintained a Hold rating on Johnson Controls (JCIResearch Report) today and set a price target of $41.00. The company’s shares closed last Monday at $42.08, close to its 52-week high of $44.65.

According to, Tusa is a 5-star analyst with an average return of 13.9% and a 78.0% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation Inc, Chart Industries, and General Electric.

Johnson Controls has an analyst consensus of Moderate Buy, with a price target consensus of $42.08.

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Based on Johnson Controls’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $6.45 billion and GAAP net loss of $1.01 billion. In comparison, last year the company earned revenue of $8.37 billion and had a net profit of $771 million.

Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JCI in relation to earlier this year.

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Johnson Controls International Plc engages in the provision of buildings products, energy solutions, integrated infrastructure and next generation transportation systems. Its technology and service capabilities include fire, security, HVAC, power solutions and energy storage to serve various end markets including large institutions, commercial buildings, retail, industrial, small business and residential. The company was established in 1885 and is headquartered in Cork, Ireland.