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Otis Worldwide

OTISNYSE
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$94.61
0.620.66%
Last update: 11:06 AM
15 minutes delayed
Consensus Rating1
Equal-Weight
Highest Price Target1
$110.00
Lowest Price Target1
$76.00
Consensus Price Target1
$91.60

Otis Worldwide (NYSE:OTIS) Stock, Analyst Ratings, Price Targets, Forecasts

Otis Worldwide Corp has a consensus price target of $91.6 based on the ratings of 16 analysts. The high is $110 issued by RBC Capital on September 19, 2024. The low is $76 issued by Wells Fargo on January 19, 2023. The 3 most-recent analyst ratings were released by RBC Capital, Morgan Stanley, and Wells Fargo on September 19, 2024, September 6, 2024, and July 25, 2024, respectively. With an average price target of $100.67 between RBC Capital, Morgan Stanley, and Wells Fargo, there's an implied 6.40% upside for Otis Worldwide Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Apr
0
0
0
0
May
2
Jul
1
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Morgan Stanley
Wells Fargo
Argus Research
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Otis Worldwide

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FAQ

Q

What is the target price for Otis Worldwide (OTIS) stock?

A

The latest price target for Otis Worldwide (NYSE:OTIS) was reported by RBC Capital on September 19, 2024. The analyst firm set a price target for $110.00 expecting OTIS to rise to within 12 months (a possible 16.27% upside). 15 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Otis Worldwide (OTIS)?

A

The latest analyst rating for Otis Worldwide (NYSE:OTIS) was provided by RBC Capital, and Otis Worldwide reiterated their outperform rating.

Q

When was the last upgrade for Otis Worldwide (OTIS)?

A

The last upgrade for Otis Worldwide Corp happened on February 22, 2024 when Argus Research raised their price target to $102. Argus Research previously had a hold for Otis Worldwide Corp.

Q

When was the last downgrade for Otis Worldwide (OTIS)?

A

The last downgrade for Otis Worldwide Corp happened on January 2, 2024 when Vertical Research changed their price target from N/A to N/A for Otis Worldwide Corp.

Q

When is the next analyst rating going to be posted or updated for Otis Worldwide (OTIS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Otis Worldwide, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Otis Worldwide was filed on September 19, 2024 so you should expect the next rating to be made available sometime around September 19, 2025.

Q

Is the Analyst Rating Otis Worldwide (OTIS) correct?

A

While ratings are subjective and will change, the latest Otis Worldwide (OTIS) rating was a reiterated with a price target of $110.00 to $110.00. The current price Otis Worldwide (OTIS) is trading at is $94.61, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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