Otis Worldwide - OTIS Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $77.00
  • Forecasted Upside: -3.45 %
  • Number of Analysts: 10
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$79.75
▲ +0.92 (1.17%)

This chart shows the closing price for OTIS by one month, three months, or twelve months.

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Analyst Price Target for OTIS

Analyst Price Target is $77.00
▼ -3.45% 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 $77.00, with a high forecast of $85.00 and a low forecast of $62.00. The average price target represents a -3.45% upside from the last price of $79.75.

This chart shows the closing price for OTIS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 10 contributing investment analysts is to hold stock in Otis Worldwide. This rating has held steady since July 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/12/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
9/10/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
12/9/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
3/9/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 2 sell ratings
6/7/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings
9/5/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
11/4/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 1 sell ratings
12/4/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/1/2022BarclaysDowngradeOverweight ➝ Equal Weight$80.00N/A
11/7/2022ArgusDowngradeBuy ➝ HoldLow
10/27/2022Credit Suisse GroupBoost TargetNeutral$73.00 ➝ $76.00Low
10/27/2022Wells Fargo & CompanyLower TargetUnderweight$70.00 ➝ $65.00Low
10/3/2022BarclaysLower TargetOverweight$83.00 ➝ $80.00Low
7/28/2022Wells Fargo & CompanyBoost TargetUnderweight$67.00 ➝ $70.00Low
7/28/2022Credit Suisse GroupBoost TargetNeutral$79.00 ➝ $80.00Low
7/19/2022Credit Suisse GroupSet Target$79.00Low
7/12/2022Wells Fargo & CompanyLower Target$69.00 ➝ $67.00N/A
7/8/2022BarclaysLower TargetOverweight$82.00 ➝ $80.00N/A
7/7/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$100.00 ➝ $62.00N/A
7/5/2022BNP ParibasDowngradeOutperform ➝ Neutral$95.00 ➝ $80.00N/A
7/5/2022Exane BNP ParibasDowngradeOutperform ➝ Neutral$95.00 ➝ $80.00N/A
6/29/2022Wells Fargo & CompanyLower TargetUnderweight$73.00 ➝ $69.00Low
6/22/2022Berenberg BankLower TargetBuy$88.00 ➝ $80.00Low
5/24/2022BarclaysUpgradeEqual Weight ➝ Overweight$82.00High
4/26/2022CowenLower TargetOutperform$91.00 ➝ $85.00Low
4/26/2022CowenLower TargetOutperform$91.00 ➝ $85.00Medium
4/26/2022BarclaysLower TargetEqual Weight$88.00 ➝ $80.00High
4/26/2022Credit Suisse GroupLower TargetNeutral$88.00 ➝ $81.00High
10/26/2021Credit Suisse GroupBoost TargetNeutral$90.00 ➝ $92.00High
10/26/2021BarclaysLower TargetEqual Weight$89.00 ➝ $88.00High
10/8/2021Vertical ResearchInitiated CoverageSell$72.00Medium
10/7/2021Wells Fargo & CompanyInitiated CoverageUnderweight$72.00Low
10/4/2021BarclaysBoost TargetEqual Weight$86.00 ➝ $89.00Medium
7/27/2021Credit Suisse GroupBoost TargetNeutral$84.00 ➝ $91.00Low
7/27/2021ArgusReiterated RatingBuy$84.00 ➝ $88.44Low
7/27/2021CowenReiterated RatingOutperform$90.00 ➝ $88.44Low
7/27/2021BarclaysBoost TargetEqual Weight$78.00 ➝ $86.00Low
7/8/2021BarclaysBoost TargetEqual Weight$76.00 ➝ $78.00Low
7/6/2021Royal Bank of CanadaInitiated CoverageOutperform$95.00High
4/27/2021Credit Suisse GroupBoost TargetNeutral$72.00 ➝ $77.00Medium
4/27/2021BarclaysBoost TargetEqual Weight$66.00 ➝ $76.00High
4/6/2021BarclaysBoost TargetEqual Weight$62.00 ➝ $66.00Low
3/29/2021HSBCUpgradeReduce ➝ Hold$65.00Medium
3/16/2021Berenberg BankInitiated CoverageBuy$85.00Medium
3/3/2021CowenBoost Target$75.00 ➝ $77.00Low
2/4/2021CowenReiterated RatingBuy$75.00Low
2/2/2021Credit Suisse GroupBoost TargetNeutral$68.00 ➝ $72.00Low
12/4/2020CowenReiterated RatingBuy$75.00Low
10/27/2020Credit Suisse GroupBoost TargetNeutral$66.00 ➝ $70.00Medium
10/7/2020JPMorgan Chase & Co.Boost TargetOverweight$75.00 ➝ $79.00Medium
9/24/2020Wolfe ResearchUpgradePeer Perform ➝ OutperformHigh
7/29/2020Credit Suisse GroupBoost TargetNeutral$55.00 ➝ $66.00High
6/29/2020HSBCInitiated CoverageReduce$44.00Medium
6/18/2020ArgusInitiated CoverageBuy$72.00Low
6/15/2020CowenReiterated RatingBuy$64.00High
5/22/2020CowenInitiated CoverageOutperform$64.00Low
5/21/2020Credit Suisse GroupInitiated CoverageHold$55.00Low
5/14/2020Credit Suisse GroupInitiated CoverageNeutral$55.00Medium
5/12/2020JPMorgan Chase & Co.Boost TargetOverweight$53.00 ➝ $60.00High
5/8/2020William BlairInitiated CoverageMarket PerformMedium
5/8/2020BarclaysReiterated RatingHoldMedium
4/15/2020BarclaysInitiated CoverageEqual Weight$52.00Medium
4/14/2020Atlantic SecuritiesInitiated CoverageOverweightLow
4/9/2020JPMorgan Chase & Co.Initiated CoverageOverweight$53.00High
4/6/2020Vertical ResearchInitiated CoverageBuy$53.00High
4/3/2020Wolfe ResearchInitiated CoverageMarket PerformLow
(Data available from 12/4/2017 forward)

News Sentiment Rating

0.17 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 31 positive mentions
  • 5 negative mentions
  • 2 very negative mentions
5/8/2022
  • 3 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
6/7/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
7/7/2022
  • 3 very positive mentions
  • 30 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
8/6/2022
  • 4 very positive mentions
  • 20 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
9/5/2022
  • 6 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
10/5/2022
  • 12 very positive mentions
  • 28 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
11/4/2022
  • 3 very positive mentions
  • 24 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
12/4/2022

Current Sentiment

  • 3 very positive mentions
  • 24 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Otis Worldwide logo
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in 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. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
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Today's Range

Now: $79.75
Low: $77.52
High: $80.16

50 Day Range

MA: $71.11
Low: $63.80
High: $79.75

52 Week Range

Now: $79.75
Low: $62.49
High: $88.22

Volume

1,998,314 shs

Average Volume

2,240,982 shs

Market Capitalization

$33.22 billion

P/E Ratio

27.41

Dividend Yield

1.45%

Beta

1

Frequently Asked Questions

What sell-side analysts currently cover shares of Otis Worldwide?

The following Wall Street analysts have issued stock ratings on Otis Worldwide in the last year: Argus, Barclays PLC, Berenberg Bank, BNP Paribas, Cowen Inc, Cowen Inc., Credit Suisse Group AG, Exane BNP Paribas, JPMorgan Chase & Co., and Wells Fargo & Company.
View the latest analyst ratings for OTIS.

What is the current price target for Otis Worldwide?

9 Wall Street analysts have set twelve-month price targets for Otis Worldwide in the last year. Their average twelve-month price target is $77.00, suggesting a possible downside of 3.4%. Cowen Inc. has the highest price target set, predicting OTIS will reach $85.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $62.00 for Otis Worldwide in the next year.
View the latest price targets for OTIS.

What is the current consensus analyst rating for Otis Worldwide?

Otis Worldwide currently has 1 sell rating, 6 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in OTIS, but not buy more shares or sell existing shares.
View the latest ratings for OTIS.

What other companies compete with Otis Worldwide?

Other companies that are similar to Otis Worldwide include CRH, D.R. Horton, Lennar, United Rentals and Vulcan Materials. Learn More about companies similar to Otis Worldwide.

How do I contact Otis Worldwide's investor relations team?

Otis Worldwide's physical mailing address is ONE CARRIER PLACE, FARMINGTON CT, 06032. The company's listed phone number is 860-674-3000 and its investor relations email address is [email protected] The official website for Otis Worldwide is www.otis.com. Learn More about contacing Otis Worldwide investor relations.