Barclays lowers Adient target price from $29.00 to $24.00, maintaining equal weight rating.

Barclays reduced its Adient (NYSE: ADNT) target price from $29.00 to $24.00, maintaining an equal weight rating. Analysts' average target price for Adient stands at $29.38, with an average rating of hold. Adient's Q earnings per share of $0.32 missed the consensus estimate of $0.62 by $0.30. The company has a market cap of $1.89bn and a P/E ratio of 12.88. Several other firms have recently revised their price targets for Adient, with some maintaining neutral to buy ratings.

August 12, 2024
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