NASDAQ:OTIS - Otis Worldwide Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $62.00
  • Forecasted Upside: -6.06 %
  • Number of Analysts: 10
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$66.00
▲ +0.31 (0.47%)
1 month | 3 months | 12 months
Get New Otis Worldwide Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for OTIS and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for OTIS

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$62.00
▼ -6.06% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Otis Worldwide in the last 3 months. The average price target is $62.00, with a high forecast of $79.00 and a low forecast of $44.00. The average price target represents a -6.06% upside from the last price of $66.00.
Buy
The current consensus among 10 polled investment analysts is to buy stock in Otis Worldwide.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/12/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/10/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/9/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/8/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/6/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/4/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
11/3/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
12/3/2020

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/27/2020Credit Suisse GroupBoost Price TargetNeutral$66.00 ➝ $70.00Medium
i
Rating by John Walsh at Credit Suisse Group AG
10/7/2020JPMorgan Chase & Co.Boost Price TargetOverweight$75.00 ➝ $79.00Medium
i
Rating by Stephen Tusa at JPMorgan Chase & Co.
9/24/2020Wolfe ResearchUpgradePeer Perform ➝ OutperformHigh
i
7/29/2020Credit Suisse GroupBoost Price TargetNeutral$55.00 ➝ $66.00High
i
Rating by John Walsh at Credit Suisse Group AG
6/29/2020HSBCInitiated CoverageReduce$44.00Medium
i
6/18/2020ArgusInitiated CoverageBuy$72.00Low
i
6/15/2020CowenReiterated RatingBuy$64.00High
i
Rating by Cai Rumohr at Cowen Inc
5/22/2020CowenInitiated CoverageOutperform$64.00Low
i
5/21/2020Credit Suisse GroupInitiated CoverageHold$55.00Low
i
Rating by John Walsh at Credit Suisse Group AG
5/14/2020Credit Suisse GroupInitiated CoverageNeutral$55.00Medium
i
5/12/2020JPMorgan Chase & Co.Boost Price TargetOverweight$53.00 ➝ $60.00High
i
Rating by Stephen Tusa at JPMorgan Chase & Co.
5/8/2020William BlairInitiated CoverageMarket PerformMedium
i
Rating by N. Heymann at William Blair
5/8/2020BarclaysReiterated RatingHoldMedium
i
4/15/2020BarclaysInitiated CoverageEqual Weight$52.00Medium
i
4/14/2020Atlantic SecuritiesInitiated CoverageOverweightLow
i
4/9/2020JPMorgan Chase & Co.Initiated CoverageOverweight$53.00High
i
4/6/2020Vertical ResearchInitiated CoverageBuy$53.00High
i
4/3/2020Wolfe ResearchInitiated CoverageMarket PerformLow
i
(Data available from 12/3/2015 forward)
Otis Worldwide logo
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators worldwide. The company operates through two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
Read More

Today's Range

Now: $66.00
$65.77
$66.82

50 Day Range

MA: $64.72
$58.99
$67.40

52 Week Range

Now: $66.00
$38.00
$68.21

Volume

18,815 shs

Average Volume

3,285,329 shs

Market Capitalization

$28.59 billion

P/E Ratio

34.38

Dividend Yield

1.20%

Beta

N/A