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.
IPO Year: 2020
Exchange: NYSE
Website: otis.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | $104.00 | Peer Perform → Underperform | Wolfe Research |
| 12/5/2024 | $94.00 | Equal Weight → Underweight | Barclays |
| 11/13/2024 | $97.00 → $113.00 | Neutral | UBS |
| 10/8/2024 | Outperform → Peer Perform | Wolfe Research | |
| 9/6/2024 | $97.00 | Equal-Weight | Morgan Stanley |
| 4/2/2024 | Hold | Melius | |
| 2/22/2024 | $102.00 | Hold → Buy | Argus |
| 1/2/2024 | Buy → Hold | Vertical Research | |
| 10/3/2023 | $87.00 | Neutral | UBS |
| 5/1/2023 | $75.00 → $88.00 | Underweight → Equal Weight | Wells Fargo |