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Do Analysts Agree Thursday on Otis Worldwide Corp (OTIS) Stock's Target Price?

Thursday, January 20, 2022 10:51 AM | InvestorsObserver Analysts
Do Analysts Agree Thursday on Otis Worldwide Corp (OTIS) Stock's Target Price?

Wall Street is positive on Otis Worldwide Corp (OTIS). On average, analysts give the stock a Buy rating. The average price target is $85.142, which means analysts expect the stock to rise by 1.91% over the next twelve months. That average ranking earns the stock an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
Wall Street analysts are rating OTIS a Buy today. Find out what this means to you and get the rest of the rankings on OTIS!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Otis Worldwide Corp Stock Today?

Otis Worldwide Corp (OTIS) stock is trading at $83.55 as of 10:33 AM on Thursday, Jan 20, a rise of $0.45, or 0.54% from the previous closing price of $83.10. Volume today is 1,748,574 compared to average volume of 2,075,011. The stock has traded between $83.37 and $84.10 so far today. Click Here to get the full Stock Report for Otis Worldwide Corp stock.

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