Todays Report: Today: Susquehanna Initiates Coverage on Adient plc (ADNT)

Today: Susquehanna Initiates Coverage on Adient plc (ADNT)

Stock analysts at Susquehanna assumed coverage on shares of Adient plc (NYSE:ADNT) in a report released on Monday, StockTargetPrices.com reports. The firm set a “neutral” rating and a $56.00 price target on the stock. Susquehanna’s price objective indicates a potential upside of 0.25% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Seaport Global Securities started coverage on Adient plc in a report on Tuesday, October 18th. They issued a “buy” rating and a $60.00 price target on the stock. Barclays PLC started coverage on Adient plc in a report on Tuesday, November 1st. They issued an “equal weight” rating and a $54.00 price target on the stock. JPMorgan Chase & Co. started coverage on Adient plc in a report on Tuesday, November 8th. They issued a “neutral” rating and a $55.00 price target on the stock. Goldman Sachs Group Inc. started coverage on Adient plc in a report on Monday, October 24th. They issued a “neutral” rating on the stock. Finally, Buckingham Research started coverage on Adient plc in a report on Tuesday, October 18th. They issued a “neutral” rating and a $53.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. Adient plc currently has an average rating of “Hold” and an average target price of $57.43.

Adient plc (NYSE:ADNT) traded down 1.72% during trading on Monday, hitting $54.90. The company had a trading volume of 410,710 shares. The company’s 50 day moving average price is $48.12 and its 200-day moving average price is $48.12. Adient plc has a 1-year low of $39.66 and a 1-year high of $56.67.

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