© Reuters. Johnson Controls Likely To Report Higher Q2 Earnings; Here’s A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga – Johnson Controls International plc (NYSE: JCI) is expected to report financial results for its second quarter before the opening bell on May 5, 2023.
Analysts expect the company to post quarterly earnings at 73 cents per share, up from year-ago earnings of 63 cents per share. The company’s revenue might come in at $6.51 billion.
Johnson Controls shares fell 0.8% to close at $58.51 on Thursday and added 2.1% in the after-hours trading session.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Oppenheimer analyst Noah Kaye maintained an Outperform rating and cut the price target from $72 to $71 on April 24, 2023. This analyst sees around 21% upside in the company’s stock and has an accuracy rate of 77%.
- Deutsche Bank analyst Nicole Deblase maintained a Buy rating and slashed the price target from $75 to $65 on April 12, 2023. This analyst sees around 11% upside in the company’s stock and has an accuracy rate of 74%.
- Barclays analyst Julian Mitchell maintained an Equal-Weight rating and cut the price target from $73 to $70 on April 6, 2023. This analyst sees around 20% upside in the company’s stock and has an accuracy rate of 73%.
- Morgan Stanley analyst Joshua Pokrzywinski maintained an Overweight rating and raised the price target from $67 to $73 on Jan. 6, 2023. This analyst sees around 25% upside in the company’s stock and has an accuracy rate of 73%.
- Citigroup analyst Andrew Kaplowitz maintained a Neutral rating and raised the price target from $64 to $68 on Dec. 9, 2022. This analyst sees around 16% upside in the company’s stock and has an accuracy rate of 81%.
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