Morgan Stanley (NYSE:MS) analyst Armintas Sinkevicius maintained a Hold rating on Adient (NYSE:ADNT) plc on Monday, setting a price target of $14, which is approximately 11.89% below the present share price of $15.89.
Sinkevicius expects Adient plc to post earnings per share (EPS) of -$0.20 for the second quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Adient, with an average price target of $16.78.
The analysts price targets range from a high of $22 to a low of $8.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $3.51 billion and a net profit of $110 million. The company's market cap is $1.49 billion.
According to TipRanks.com, Morgan Stanley analyst Armintas Sinkevicius has 0 stars on 0-5 stars ranking scale with an average return of -7.7% and a 36.5% success rate.
Adient plc manufactures automotive seating systems. The firm's products include Complete Seats, Commercial vehicle seats, Structures & Mechanisms, Foam, Fabrics and Trim. It operates through the following segments: Seating, Seat Structures and Mechanism, and Interiors segments. The Seating segment produces automotive seat metal structures and mechanisms, foam, trim, and fabric. The Seat Structures and Mechanism segment produces seat structures and mechanisms for inclusion in complete seat systems that are produced by Adient or others. The Interiors segment offers instrument panels, floor consoles, door panels, overhead consoles, cockpit systems, and decorative trim. The company was founded on December 17, 2015 and is headquartered Dublin, Ireland.