Otis Worldwide Corporation which can be found using ticker (OTIS) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $110.00 and $90.00 suggesting an average analyst share price target price of $98.95. (at the time of writing). Given that the stocks previous close was at $93.42 this indicates there is a potential upside of 5.9%. The 50 day moving average now sits at $96.69 and the 200 moving average now moves to $92.05. The market capitalization for the company is 37.41B. The stock price is currently at: $93.39 USD
The potential market cap would be $39,622,187,755 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 26.09, revenue per share of $34.87 and a 14.51% 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.
