RBC Capital analyst Deane Dray maintained a Buy rating on Johnson Controls (NYSE:JCI) on Thursday, setting a price target of $57, which is approximately 10.02% above the present share price of $51.81.
Dray expects Johnson Controls to post earnings per share (EPS) of $0.60 for the first quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Johnson Controls, with an average price target of $50.5.
The analysts price targets range from a high of $57 to a low of $42.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $5.95 billion and a net profit of $522 million. The company's market cap is $37.51 billion.
According to TipRanks.com, RBC Capital analyst Deane Dray is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.2% and a 58.35% success rate.
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.