Johnson Controls Stock News

CORK, Ireland, Feb. 9, 2022 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy, and sustainable buildings, will present at the Barclays Industrial Sel

CORK, Ireland, Feb. 9, 2022 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy, and sustainable buildings, will present at the Citi 2022 Global Indust

MILWAUKEE , Feb. 9, 2022 /PRNewswire/ -- Johnson Controls , the global leader for smart, healthy and sustainable buildings, addressed some of the HVACR industry''s most challenging issues during an executive panel discussion at the 2022 AHR Expo in Las Vegas on January 31 . The most pressing issue discussed was decarbonization – an industry initiative to move away from energy systems that produce carbon dioxide and other greenhouse gas emissions to mitigate climate change. Katie McGinty , vice president and chief sustainability and external relations officer, cited a global study to emphasize that most companies are making progress in pursuing their sustainability goals. The study, conducted in October 2021 by Forrester Consulting Group and commissioned by Johnson Controls, concluded that sustainability is now the top global business investment priority and that most companies see clear, competitive advantage from their sustainability focus and the goal of achieving net zero carbon emissions. "Slashing carbon emissions from buildings is critical in tackling climate change, since they represent nearly 40% of all greenhouse gas emissions," McGinty told an audience of trade editors and other influencers. "There is no tackling climate change without substantial investment in buildings.

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The stock price of Johnson Controls has seen a fall of 3% over the last week, while it is down 14% in a month. The company recently reported its Q1 FY22 results, which were in line with our forecasts.

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Analysts lowered the price target for Johnson Controls International PLC (NYSE: JCI ) after Q1 results. Deutsche Bank analyst Nicole DeBlase lowered the price target to $80 (an upside of 15%) from $84 and maintained a Hold rating on the shares. Mizuho analyst Brett Linzey reduced the price target to $88 (an upside of 26.6%) from $93 and kept a Buy rating on the shares post the fiscal Q1 results. Linzey mentions Johnson Controls continues to make progress on the various commercial initiatives across the organization. The price target drop reflects the broader de-rating of the market and industrial complex. Credit Suisse analyst John Walsh lowered the price target to $86 (an upside Full story available on Benzinga.com

The market is worried about rising costs at the building products company, but recent earnings guidance was excellent.

The market is worried about rising costs at the building products company, but recent earnings guidance was excellent.

Analysts lowered the price target for Johnson Controls International PLC JCI after Q1 results. Get the Inside Access Traders Are Using to Profit More and Win Bigger.

The market is worried about rising costs at the building products company, but recent earnings guidance was excellent.

Analysts have provided the following ratings for Johnson Controls Intl (NYSE:JCI) within the last quarter:

JCI earnings call for the period ending December 31, 2021.

JCI earnings call for the period ending December 31, 2021.