Analysts' Recommendation: Buy 30 Days Ago: Buy Analysts' Target: $44 Analysts' Targets Lehman Brothers $36 Overweight Wednesday, July 02, 2008 Robert W. Baird & Co. $51 No Rating Monday, March 31, 2008 BusinessWeek Rankings BusinessWeek 50 BusinessWeek 50 2004 #38 Johnson Controls, Inc. operates as a global, diversified, and multi-industrial company. The company has approximately 1,300 locations throughout 6 continents. Its Building Efficiency segment provides energy-saving technologies in approximately 12 million homes and 1 million commercial buildings. This segment creates smart environments in facilities by integrating products, services, and technologies to deliver sustainable solutions in building construction, retrofit, and maintenance. It helps customers decrease energy use and enhance operational efficiency with specialization in HVAC, climate control, lighting, fire, security, renewable energy, building automation, and corporate real estate portfolio planning and related building environment needs. The company’s Automotive Experience segment provides automotive systems and products to enhance the driving experience. Its automotive interior products create an environment to fit-in the latest personal technologies. This segment’s mobile device gateway enables passengers to wirelessly sync their personal electronic devices with Bluetooth connectivity, providing a safer mobile environment. Its slim seating uses less metal and material, reducing vehicle weight and enhancing fuel efficiency. The company also focuses on the use of natural materials, such as soy-based foam and plant fibers to enable automakers to meet their sustainability goals. Johnson Controls’ Power Solutions segment provides hybrid battery systems that make vehicles energy-efficient. This segment operates a lithium-ion hybrid vehicle battery production facility in Nersac, France. It also recycles automotive batteries. Johnson Controls was founded in 1885 by Warren Johnson. The company is headquartered in Milwaukee, Wisconsin.
$28.74 (07/12/08)
