JPMorgan Chase & Co. Begins Coverage on Adient (ADNT)
ADNT has been the topic of several other reports. Seaport Global Securities began coverage on shares of Adient in a report on Tuesday, October 18th. They issued a buy rating and a $60.00 price objective on the stock. RBC Capital Markets reiterated an outperform rating and issued a $59.00 price objective on shares of Adient in a report on Friday, October 28th. Robert W. Baird assumed coverage on shares of Adient in a research note on Tuesday, October 18th. They issued an outperform rating and a $65.00 price target on the stock. Barclays PLC assumed coverage on shares of Adient in a research note on Tuesday, November 1st. They issued an equal weight rating and a $54.00 price target on the stock. Finally, Bank of America Corp. assumed coverage on shares of Adient in a research note on Monday, October 31st. They issued a neutral rating on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. Adient presently has a consensus rating of Buy and a consensus target price of $55.55.
Shares of Adient (NASDAQ:ADNT) opened at 45.90 on Tuesday. The firm has a 50-day moving average of $46.07 and a 200 day moving average of $46.07. Adient has a 52-week low of $39.66 and a 52-week high of $54.00.
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