Johnson Controls

Deutsche Bank is fine-tuning its 2011 estimates on shares of Johnson Controls Inc. (NYSE: JCI), “but we see potential upside to our 2012 estimate.” “The bottom line is that we are fine-tuning our F2011 estimate to $2.45 from $2.52, to reflect the impact of lost Japanese production (note that this...

Piper Jaffray has upgraded Johnson Controls (NYSE: JCI) from Neutral to Overweight and has raised the price target from $46 to $47.

Piper Jaffray is out with its report today on Johnson Controls (NYSE: JCI), maintaining Neutral. In a note to clients, Piper Jaffray writes, "We rate JCI shares Neutral to reflect the stock's balanced risk/reward profile. We believe the company is well-positioned for growth across a number of end...

Wunderlich is out with its report today on Johnson Controls (NYSE: JCI), reiterating Buy. In a note to clients, Wunderlich writes, "Azure Dynamics is a JCI lithium-ion battery customer and we were able to get some additional insight into the battery market during recent one-on-one meetings. As we...

Sterne Agee has published a research report on Johnson Controls, Inc. (NYSE: JCI) following concerns over the global auto supply chain. In the report, Sterne Agee writes "We believe Johnson Controls is uniquely positioned to significantly advance global energy efficiency through building retrofits...

Jefferies is initiating Johnson Controls Inc. (NYSE: JCI) at Hold with a $43 PT. Johnson Controls closed Thursday at $39.79.

According to Piper Jaffray, Johnson Controls (NYSE: JCI) reported promising growth prospects priced in. Piper Jaffray reported that Johnson Controls was to be initiating with a Neutral rating and $46 PT based on 15x FY12 EPS est of $3.05. “While we firmly believe JCI is pursuing several promising...

Piper Jaffray has initiated coverage on Johnson Controls, Inc. (NYSE: JCI) with a Neutral rating and $46 price target.

Both OEM and after-market battery sales could see a big boost this year driven by two factors: cold weather and mild-hybrid or start-stop technology, Wunderlich Securities reports. “Johnson Controls Inc.'s (NYSE: JCI) guidance for the Power Solutions segment is for 11% to 15% revenue growth,”...

Credit Suisse is raising its estimates on Johnson Controls, Inc. (NYSE: JCI). “We are raising F2011, 2012 and 2013 EPS estimates modestly to $2.50/$3.02/$3.62 from $2.41/$2.90/$3.40,” Credit Suisse writes. “Target price is unchanged at $49.” Johnson Controls closed Thursday at $38.80.

J.P. Morgan is leaving its Dec-2011 price target of $46 on Johnson Controls, Inc. (NYSE: JCI) unchanged, “which we base on an unchanged 14x P/E applied to our F2012 EPS of $3.25.” “FQ1 results confirmed an ongoing recovery in BE revenue and margin and a softer than anticipated rate of improvement...

Deutsche Bank has published a research report on U.S. Autos and Auto Parts reporting December mid-month survey that points of a 4Q SAAR of 12.2MM. In the report, Deutsche Bank writes "Based on our mid-month channel checks, we estimate that the U.S. light vehicle SAAR is tracking at 12.2MM in...

Wunderlich Securities has raised the price target on Johnson Controls (NYSE: JCI) from $38 to $45.

Deutsche Bank has published a research report on Johnson Controls (NYSE: JCI) stating that 4Q results appear in-line and growth supports the company's upside. In the report, Deutsche Bank writes "JCI reported FQ4 EPS of $0.60; slightly above our estimate and consensus of $0.57. Revenue of $9.04bn...

Johnson Controls, Inc. (NYSE: JCI) will report fiscal 4Q10 on Tuesday, October 26 before the open. Wunderlich Securities said that it expects the company to meet or beat consensus revenue and EPS. “Johnson Controls operates in three business segments: automotive, commercial HVAC, and automotive...