Analysts who follow Otis Worldwide Corp (OTIS) on average expect it to rise 16.90% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns OTIS an Analyst Ranking of 17, which means it ranks higher than 17 of stocks, based on data compiled by InvestorsObserver.
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!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Otis Worldwide Corp Stock Today?
Otis Worldwide Corp (OTIS) stock has gained 0.05% while the S&P 500 is down -2.31% as of 10:23 AM on Tuesday, May 24. OTIS is up $0.04 from the previous closing price of $73.87 on volume of 445,329 shares. Over the past year the S&P 500 is down -7.51% while OTIS is down -5.40%. OTIS earned $2.91 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 25.44.
Click Here to get the full Stock Report for Otis Worldwide Corp stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
