JCI - Johnson Controls: Growth Subdued Valuation At Neutral Level
2024-07-15 05:46:50 ET
Summary
- Johnson Controls International is transforming to be an end-to-end solution provider for commercial buildings, with a positive outlook despite a mixed current scenario in the short term.
- Strong backlog growth in North America, but weakness in Asia Pacific is impacting overall growth.
- JCI Stock price has recovered year to date after a plunge last year, with valuation at a neutral level, cautious short-term view awaiting earnings release.
Johnson Controls International ( JCI ) has been undergoing a transformation process to strengthen its capabilities as an end-to-end solution provider for commercial buildings, including HVAC controls, fire, security, and services for the whole life cycle of the equipment....
Johnson Controls: Growth Subdued, Valuation At Neutral Level