NYSE:OTIS - Otis Worldwide Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $64.14
  • Forecasted Upside: -1.12 %
  • Number of Analysts: 10
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$64.87
▲ +0.92 (1.44%)
1 month | 3 months | 12 months
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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.
$64.14
▼ -1.12% 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 $64.14, with a high forecast of $79.00 and a low forecast of $44.00. The average price target represents a -1.12% upside from the last price of $64.87.
Buy
The current consensus among 10 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
9/14/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/13/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/12/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/10/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/8/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
12/7/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
2/5/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/7/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/3/2021CowenBoost Price Target$75.00 ➝ $77.00Low
i
2/4/2021CowenReiterated RatingBuy$75.00Low
i
2/2/2021Credit Suisse GroupBoost Price TargetNeutral$68.00 ➝ $72.00Low
i
12/4/2020CowenReiterated RatingBuy$75.00Low
i
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 3/7/2016 forward)
Otis Worldwide logo
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. 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.
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Today's Range

Now: $64.87
$62.76
$65.11

50 Day Range

MA: $64.20
$62.24
$67.00

52 Week Range

Now: $64.87
$38.00
$68.21

Volume

2,168,100 shs

Average Volume

2,901,261 shs

Market Capitalization

$28.13 billion

P/E Ratio

N/A

Dividend Yield

1.19%

Beta

N/A

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, Atlantic Securities, Barclays PLC, Cowen Inc, Credit Suisse Group AG, HSBC Holdings plc, JPMorgan Chase & Co., Vertical Research, William Blair, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for OTIS.

What is the current price target for Otis Worldwide?

7 Wall Street analysts have set twelve-month price targets for Otis Worldwide in the last year. Their average twelve-month price target is $64.14, suggesting a possible downside of 1.1%. JPMorgan Chase & Co. has the highest price target set, predicting OTIS will reach $79.00 in the next twelve months. HSBC Holdings plc has the lowest price target set, forecasting a price of $44.00 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, 3 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe OTIS will outperform the market and that investors should add to their positions of Otis Worldwide.
View the latest ratings for OTIS.

What other companies compete with Otis Worldwide?

Other companies that are similar to Otis Worldwide include Emerson Electric, Koninklijke Philips, Peloton Interactive, Legrand and Sharp.

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 800 233 6847 and its investor relations email address is [email protected] The official website for Otis Worldwide is www.otis.com.