Report
Brian Bernard
EUR 147.86 For Business Accounts Only

Johnson Controls Reveals Financial Goals and Capital Allocation Strategy at Its Analyst Day

Narrow-moat Johnson Controls provided a business update at its analyst day on Dec. 5. Management spent time reviewing strategy and operations, key megatrends impacting the company over the next decade, merger integration efforts and synergy expectations, near- to mid-term financial goals, and its capital allocation plan. Although the company’s financial goals through fiscal 2020 are mainly in line with our previous projections, we are increasing our fair value estimate slightly to $53 per share ...
Underlying
Johnson Controls International plc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Bernard

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