Analyst Price Target is $88.29
▲ +1.77% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Otis Worldwide in the last 3 months. The average price target is $88.29, with a high forecast of $100.00 and a low forecast of $76.00. The average price target represents a 1.77% upside from the last price of $86.75.
Current Consensus is
The current consensus among 6 polled investment analysts is to hold stock in Otis Worldwide. This Hold consensus rating has held steady for over two years.
Otis Worldwide Corporation engages in the manufacturing, installation, and servicing of 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. This segment serves real-estate and building developers, and general contractors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.