Adient PLC (NYSE:ADNT) gets downgraded to Underweight by Morgan Stanley with a price target of $43.00

ME Staff
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Analyst Ratings For Adient PLC (NYSE:ADNT)

Today, Adient PLC (NYSE:ADNT) stock was downgraded by Morgan Stanley from Equal Weight to Underweight with a price target of $43.00.

There are 7 Hold Ratings, 2 Sell Ratings, 2 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Adient PLC (NYSE:ADNT) is Hold with a consensus target price of $61.3636 per share, a potential 27.73% upside.

Some recent analyst ratings include

  • 7/31/2018-Morgan Stanley was Downgraded by analysts at Morgan Stanley from a “Equal Weight ” rating to a ” Underweight” rating. They now have a $43.00 price target on the stock, up previously from $50.00 .
  • 7/27/2018-Robert W. Baird Upgrade from a “Underperform ” rating to a ” Neutral” rating.
  • 7/27/2018-Longbow Research Reiterated Rating of Buy.
  • 6/13/2018-Royal Bank of Canada Reiterated Rating of Hold.

Recent Insider Trading Activity For Adient PLC (NYSE:ADNT)
Adient PLC (NYSE:ADNT) has insider ownership of 0.70% and institutional ownership of 97.83%.

  • On 3/2/2018 Frederick A Henderson, Director, bought 1,000 with an average share price of $60.50 per share and the total transaction amounting to $60,500.00.
  • On 2/8/2018 Frederick A Henderson, Director, bought 4,000 with an average share price of $61.78 per share and the total transaction amounting to $247,120.00.
  • On 12/4/2017 Cathleen A Ebacher, VP, sold 2,584 with an average share price of $79.13 per share and the total transaction amounting to $204,471.92.
  • On 11/28/2017 Cathleen A Ebacher, VP, sold 9,184 with an average share price of $78.40 per share and the total transaction amounting to $720,025.60.
  • On 11/28/2017 R Bruce Mcdonald, Chairman, sold 67,757 with an average share price of $78.49 per share and the total transaction amounting to $5,318,246.93.
  • On 9/13/2017 Raymond L Conner, Director, bought 3,000 with an average share price of $73.91 per share and the total transaction amounting to $221,730.00.
  • On 8/23/2017 Byron S Foster, Insider, sold 1,316 with an average share price of $69.85 per share and the total transaction amounting to $91,922.60.

About Adient PLC (NYSE:ADNT)
Adient plc designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. The company operates through two segments, Seating and Interiors. The Seating segment produces automotive seat metal structures and mechanisms, foams, trims, fabrics, and seat systems. The Interiors segment produces instrument panels, floor consoles, door panels, overhead consoles, cockpit systems, decorative trims, and other products. The company operates in the Americas, Europe, China, and internationally. Adient plc was incorporated in 2016 and is based in Dublin, Ireland.

Recent Trading Activity for Adient PLC (NYSE:ADNT)
Shares of Adient PLC closed the previous trading session at 47.85 −1.00 2.05% with shares trading hands.