From MarketBeat:

Johnson Controls International (NYSE:JCI) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating. Several other analysts have also recently weighed in on the company, with five equities research analysts rating the stock as a hold and eight issuing a buy rating. The company presently has a consensus rating of “Moderate Buy” and an average price target of $65.58.

In addition, Johnson Controls International last announced its quarterly earnings data, reporting $1.05 earnings per share for the quarter, which missed the consensus estimate of $1.09 by ($0.04).

Also, CEO George Oliver sold 103,332 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th, resulting in a total transaction of $5,404,263.60, and insiders sold a total of 206,851 shares of company stock valued at $10,825,858 in the last quarter.

Large investors have recently bought and sold shares of the company, with institutional investors and hedge funds owning 88.64% of the company’s stock. Johnson Controls International currently has a “Moderate Buy” rating among analysts, but top-rated analysts believe there are five stocks that are better buys.



Read more: Johnson Controls International (NYSE:JCI) Downgraded to “Hold” at StockNews.com