Otis Worldwide Corporation which can be found using ticker (OTIS) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $100.00 and $77.00 calculating the mean target price we have $89.09. Given that the stocks previous close was at $84.33 this indicates there is a potential upside of 5.6%. It’s also worth noting that there is a 50 day moving average of $80.49 while the 200 day moving average is $83.70. The market cap for the company is 35.11B. The current share price for the company is: $85.79 USD
The potential market cap would be $37,092,130,114 based on the market consensus.
The company has a dividend yield of 2.92%. Other points of data to note are a P/E ratio of 25.92, revenue per share of $33.93 and a 13.85% return on assets.
Otis Worldwide Corporation is an elevator and escalator manufacturing, installation, and service company. It serves customers in over 200 countries and territories. It operates in two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways to customers in residential and commercial buildings, and infrastructure projects. The Company sells its New Equipment units directly to customers, as well as through agents and distributors globally. Through its Service segment, the Company performs maintenance and repair services for both its products and those of other manufacturers and provides services to upgrade elevators and escalators. It provides Otis ONE, an Internet of Things (IoT) based solution to connect elevators to OtisLine. Otis also offers a range of passenger experience enhancements, such as eView and Otis eCall.
