Otis Worldwide Corporation with ticker code (OTIS) have now 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $108.89 and $82.00 calculating the average target share price we see $97.08. (at the time of writing). Now with the previous closing price of $97.77 this indicates there is a potential downside of -.7%. Also worth taking note is the 50 day moving average now sits at $94.81 while the 200 day moving average is $87.32. The company has a market capitalization of 39.75B. The stock price is currently at: $98.03 USD
The potential market cap would be $39,466,244,593 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 28.92, revenue per share of $34.54 and a 14.07% 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.
