Adient PLC (ADNT) Given Consensus Recommendation of “Hold” by Analysts

Adient PLC (NASDAQ:ADNT) has received a consensus recommendation of “Hold” from the sixteen ratings firms that are covering the company, reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $61.08.

Several analysts recently commented on ADNT shares. Zacks Investment Research downgraded shares of Adient PLC from a “hold” rating to a “sell” rating in a research report on Monday, July 3rd. Barclays PLC reissued a “hold” rating and set a $66.00 price objective (up from $64.00) on shares of Adient PLC in a research report on Friday, April 21st. Royal Bank Of Canada reissued a “buy” rating on shares of Adient PLC in a research report on Thursday, July 6th. Bank of America Corporation reissued an “underperform” rating and set a $40.00 price objective (down from $50.00) on shares of Adient PLC in a research report on Friday, June 16th. Finally, Morgan Stanley cut their price objective on shares of Adient PLC from $95.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, June 9th.

TRADEMARK VIOLATION NOTICE: “Adient PLC (ADNT) Given Consensus Recommendation of “Hold” by Analysts” was published by Community Financial News and is owned by of Community Financial News. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright law. The correct version of this report can be accessed at

Adient PLC (NASDAQ ADNT) opened at 64.00 on Friday. The company’s 50 day moving average is $66.58 and its 200-day moving average is $67.54. Adient PLC has a 52-week low of $39.66 and a 52-week high of $76.09. The company’s market capitalization is $5.96 billion.

Adient PLC (NASDAQ:ADNT) last announced its quarterly earnings data on Thursday, July 27th. The company reported $2.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.50 by $0.02. Adient PLC had a net margin of 5.63% and a return on equity of 21.65%. The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same period in the prior year, the firm posted $2.43 EPS. Adient PLC’s revenue for the quarter was down 7.9% on a year-over-year basis. Equities analysts anticipate that Adient PLC will post $9.36 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 17th. Shareholders of record on Wednesday, July 26th will be paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 1.72%. The ex-dividend date is Monday, July 24th.

About Adient PLC

Adient plc, formerly Adient Limited, is an automotive seating supplier. The Company designs, manufactures and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks, including vans, pick-up trucks, and sport/crossover utility vehicles. The Company operates through two segments: Seating and Interiors.

Analyst Recommendations for Adient PLC (NASDAQ:ADNT)

What are top analysts saying about Adient PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Adient PLC and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit