Today, Adient (ADNT) Now Covered by Analysts at JPMorgan Chase & Co.

Today, Adient (ADNT) Now Covered by Analysts at JPMorgan Chase & Co.
JPMorgan Chase & Co. began coverage on shares of Adient (NASDAQ:ADNT) in a research report issued to clients and investors on Tuesday. The brokerage set a “neutral” rating and a $55.00 price target on the stock. JPMorgan Chase & Co.’s target price would indicate a potential downside of 1.54% from the company’s previous close.

Other equities analysts also recently issued reports about the company. Robert W. Baird assumed coverage on Adient in a research note on Tuesday, October 18th. They set an “outperform” rating and a $65.00 target price for the company. assumed coverage on Adient in a research note on Monday, October 17th. They issued a $50.00 price objective for the company. Bank of America Corp. assumed coverage on Adient in a research note on Monday, October 31st. They issued a “neutral” rating for the company. Buckingham Research assumed coverage on Adient in a research note on Tuesday, October 18th. They issued a “neutral” rating and a $53.00 price objective for the company. Finally, Wells Fargo & Co. assumed coverage on Adient in a research note on Monday, October 31st. They issued an “outperform” rating and a $62.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $55.55.

Adient (NASDAQ:ADNT) traded down 0.23% during midday trading on Tuesday, reaching $55.86. The company’s stock had a trading volume of 392,586 shares. The company has a 50 day moving average price of $48.12 and a 200 day moving average price of $48.12. Adient has a 1-year low of $39.66 and a 1-year high of $56.67.

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