It Seems Adient PLC (ADNT) Will Go Up. Have Another Big Increase

September 17, 2017 - By Richard Conner

The stock of Adient PLC (NYSE:ADNT) is a huge mover today! The stock increased 5.05% or $3.86 on September 15, reaching $80.26. About 2.22M shares traded or 208.17% up from the average. Adient PLC (NYSE:ADNT) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.
The move comes after 5 months positive chart setup for the $7.47 billion company. It was reported on Sep, 17 by Barchart.com. We have $86.68 PT which if reached, will make NYSE:ADNT worth $597.60M more.

Analysts await Adient PLC (NYSE:ADNT) to report earnings on December, 5. ADNT’s profit will be $202.90M for 9.20 P/E if the $2.18 EPS becomes a reality. After $2.52 actual EPS reported by Adient PLC for the previous quarter, Wall Street now forecasts -13.49 % negative EPS growth.

Adient PLC (NYSE:ADNT) Ratings Coverage

Among 11 analysts covering Ardent Mines (NYSE:ADNT), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. Ardent Mines had 14 analyst reports since October 18, 2016 according to SRatingsIntel. The firm has “Underperform” rating given on Wednesday, November 9 by Bank of America. RBC Capital Markets initiated the stock with “Outperform” rating in Friday, October 28 report. The rating was initiated by JP Morgan with “Neutral” on Tuesday, November 8. The firm earned “Outperform” rating on Monday, October 31 by Wells Fargo. The rating was initiated by Seaport Global on Tuesday, October 18 with “Buy”. The company was initiated on Monday, October 31 by UBS. Susquehanna initiated Adient PLC (NYSE:ADNT) on Monday, November 28 with “Neutral” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, February 6 report. The company was maintained on Tuesday, April 11 by RBC Capital Markets. The rating was initiated by Goldman Sachs on Monday, October 24 with “Neutral”.

More notable recent Adient PLC (NYSE:ADNT) news were published by: Seekingalpha.com which released: “The Long Case For Adient” on June 05, 2017, also Seekingalpha.com with their article: “Adient Addresses Backlog With Acquisition” published on August 25, 2017, Seekingalpha.com published: “Adient: An Undervalued Niche Growth Opportunity” on November 16, 2016. More interesting news about Adient PLC (NYSE:ADNT) were released by: Seekingalpha.com and their article: “Adient – Take A Seat And Enjoy The Ride” published on May 04, 2017 as well as Seekingalpha.com‘s news article titled: “Gasoline Or Electric: Adient Stands To Benefit” with publication date: September 15, 2017.

Adient plc, formerly Adient Limited, is an automotive seating supplier. The company has market cap of $7.47 billion. The Firm designs, makes and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks, including vans, pick-up trucks, and sport/crossover utility vehicles. It currently has negative earnings. The Firm operates through two divisions: Seating and Interiors.

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