Wall Street Stock Recommendations: Johnson Controls International plc (JCI), BCE Inc. (BCE)

Barsaba Taglieri
Luglio 19, 2017

Shares of Johnson Controls International PLC (NYSE JCI) traded down 0.16% during mid-day trading on Tuesday, reaching $44.02. They issued a "buy" rating and a $50.00 price target on the stock.

A number of research analysts have weighed in on the stock. Cowen and Company restated a "buy" rating and issued a $52.00 price target on shares of Johnson Controls International PLC in a report on Thursday, April 27th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered Johnson Controls International PLC from a "hold" rating to a "sell" rating in a research note on Tuesday, July 4th. On September 16, 2016 Bernstein began coverage of JCI giving it an initial rating of "Buy" and a price target of $51.00.

Johnson Controls International plc has a consensus outperform rating from 17 Wall Street analysts, and the number of shares now sold short amount to at least 1.49% of shares outstanding. BidaskClub raised shares of Johnson Controls International PLC from a "sell" rating to a "hold" rating in a research report on Thursday, June 29th.

The company's consensus rating on Reuter's scale remained unchanged from 2.72 to 2.72 during a month.

Johnson Controls International plc (JCI) surprised the stock market in its last reported earnings when it earned $0.5 a piece versus the consensus-estimated $0.49. The market capitalization of the company is at $41.2 Billion. Johnson Controls International plc (JCI) has made its way to a 12-month gain of 8.57%. The auto parts company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. The firm had revenue of $7.24 billion during the quarter, compared to analysts' expectations of $7.09 billion. Johnson Controls International PLC had a positive return on equity of 11.97% and a negative net margin of 1.69%. The firm's revenue for the quarter was up 2.5% on a year-over-year basis.

The counter witnessed a trading volume of 0.75 million shares versus an average volume of 1 million shares during last trading session. Equities analysts expect that Johnson Controls International PLC will post $2.63 earnings per share for the current year.

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The business also recently declared a quarterly dividend, which was paid on Friday, July 7th. Stockholders of record on Wednesday, June 28th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, June 26th. (NYSE:IPG) now have an ABR of 1.40.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. Johnson Controls International PLC's payout ratio is -194.70%.

In related news, CEO Alex A. Molinaroli sold 6,335 shares of Johnson Controls International PLC stock in a transaction that occurred on Tuesday, May 9th. Over the last five days, shares have managed 1.65% gains and now is up 4.03% since hitting its 200-day moving average of $42.1. Following the sale, the chief executive officer now owns 1,296,407 shares of the company's stock, valued at approximately $54,397,237.72. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Several brokerages have issued reports on JCI. OR's holdings in Johnson Controls International PLC were worth $496,000 at the end of the most recent quarter. Park National Corp OH raised its position in Johnson Controls International PLC by 5.0% in the first quarter. The firm owned 58,200 shares of the auto parts company's stock after buying an additional 500 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new position in Johnson Controls International PLC during the second quarter worth $202,000. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Company insiders own 1.50% of the company's stock. Finally, Lansdowne Partners UK LLP raised its position in shares of Johnson Controls International PLC by 36.0% in the fourth quarter.

Johnson Controls, Inc is a technology company.

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