Otis Worldwide Corporation with ticker code (OTIS) now have 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 $110.00 and $82.00 suggesting an average analyst share price target price of $98.04. (at the time of writing). Given that the stocks previous close was at $99.20 this would imply there is a potential downside of -1.2%. The 50 day MA is $96.32 and the 200 moving average now moves to $88.80. The company has a market capitalization of 39.96B. The current share price for the company is: $98.83 USD
The potential market cap would be $39,491,979,437 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 28.56, revenue per share of $34.95 and a 14.69% 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.
