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Otis Worldwide Corp has a consensus price target of $93.73 based on the ratings of 17 analysts. The high is $113 issued by UBS on November 13, 2024. The low is $76 issued by Wells Fargo on January 19, 2023. The 3 most-recent analyst ratings were released by UBS, Wells Fargo, and Barclays on November 13, 2024, October 31, 2024, and October 31, 2024, respectively. With an average price target of $104 between UBS, Wells Fargo, and Barclays, there's an implied 4.32% upside for Otis Worldwide Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Otis Worldwide (NYSE:OTIS) was reported by UBS on November 13, 2024. The analyst firm set a price target for $113.00 expecting OTIS to rise to within 12 months (a possible 13.35% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Otis Worldwide (NYSE:OTIS) was provided by UBS, and Otis Worldwide their neutral rating.
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.
The last downgrade for Otis Worldwide Corp happened on October 8, 2024 when Wolfe Research changed their price target from N/A to N/A for Otis Worldwide Corp.
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 November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest Otis Worldwide (OTIS) rating was a with a price target of $97.00 to $113.00. The current price Otis Worldwide (OTIS) is trading at is $99.69, which is within the analyst’s predicted range.
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