Today: Susquehanna Initiates Coverage on Adient (ADNT)

Today: Susquehanna Initiates Coverage on Adient (ADNT)

Research analysts at Susquehanna began coverage on shares of Adient (NASDAQ:ADNT) in a research report issued to clients and investors on Monday. The firm set a “neutral” rating and a $56.00 price target on the stock. Susquehanna’s price target points to a potential upside of 0.25% from the stock’s current price.

Several other research firms have also commented on ADNT. Bank of America Corp. lowered shares of Adient from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $54.00 to $45.00 in a report on Wednesday, November 9th. Barclays PLC initiated coverage on shares of Adient in a report on Tuesday, November 1st. They set an “equal weight” rating and a $54.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on shares of Adient in a report on Tuesday, November 8th. They set a “neutral” rating and a $55.00 price target on the stock. initiated coverage on shares of Adient in a report on Monday, November 7th. They set an “outperform” rating and a $50.00 price target on the stock. Finally, Wells Fargo & Co. initiated coverage on shares of Adient in a report on Monday, October 31st. They set an “outperform” rating and a $62.00 price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. Adient presently has an average rating of “Hold” and an average target price of $55.58.

Shares of Adient (NASDAQ:ADNT) traded down 2.72% during trading on Monday, reaching $54.34. 934,476 shares of the company traded hands. 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 12-month low of $39.66 and a 12-month high of $56.67.

Related posts

Leave a Comment