Adient (ADNT, Financial) finds itself in the spotlight as Wells Fargo analyst Colin Langan maintains his 'Equal-Weight' rating on the stock. The analyst has raised the price target from USD 17.00 to USD 18.00, a notable increase of 5.88%.
This updated price target comes amid steady evaluations, as the rating remains unchanged from its prior 'Equal-Weight' status. The revision reflects Langan's updated analysis and projections for Adient (ADNT, Financial), a key player in the automotive seating industry.
Investors and market watchers will be keen to see how Adient (ADNT, Financial) performs following these latest insights from Wells Fargo, as the company continues to navigate the dynamic automotive sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Adient PLC (ADNT, Financial) is $16.81 with a high estimate of $18.00 and a low estimate of $15.00. The average target implies an downside of 13.60% from the current price of $19.46. More detailed estimate data can be found on the Adient PLC (ADNT) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Adient PLC's (ADNT, Financial) average brokerage recommendation is currently 3.2, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Adient PLC (ADNT, Financial) in one year is $35.37, suggesting a upside of 81.76% from the current price of $19.46. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Adient PLC (ADNT) Summary page.
