Bank of America Corp. downgraded shares of Adient (NASDAQ:ADNT) from a neutral rating to an underperform rating in a research note released on Wednesday. Bank of America Corp. currently has $45.00 price target on the stock, down from their previous price target of $54.00.

ADNT has been the subject of a number of other research reports. Seaport Global Securities began coverage on Adient in a report on Tuesday, October 18th. They issued a buy rating and a $60.00 target price for the company. RBC Capital Markets reaffirmed an outperform rating and issued a $59.00 target price on shares of Adient in a report on Friday, October 28th. Robert W. Baird began coverage on Adient in a report on Tuesday, October 18th. They issued an outperform rating and a $65.00 target price for the company. Barclays PLC began coverage on Adient in a report on Tuesday, November 1st. They issued an equal weight rating and a $54.00 target price for the company. Finally, Royal Bank Of Canada began coverage on Adient in a report on Friday, October 28th. They issued an outperform rating and a $59.00 target price for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. The company has an average rating of Buy and an average target price of $55.55.

Shares of Adient (NASDAQ:ADNT) opened at 46.58 on Wednesday. Adient has a 52-week low of $39.66 and a 52-week high of $54.00. The stock’s 50 day moving average price is $46.10 and its 200-day moving average price is $46.10.

5 Day Chart for NASDAQ:ADNT

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