# Otis Worldwide Corporation – Consensus ‘buy’ rating and 10.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/otis-worldwide-corporation-consensus-buy-rating-and-10.7-upside-potential/4121127819
- Published: 2023-09-20T13:42:27+01:00
- Author: Charlotte Edwards

**Otis Worldwide Corporation** with ticker code (OTIS) have now 11 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The target price 
High/Low ranges between 100 and 77 calculating the average target price we see $
90.09. Now with the previous closing price of $81.39 this would imply there is now
a potential upside of 10.7%. Also worth taking note is the 50 day moving average
now sits at $86.15 and the 200 moving average now moves to $83.78. The company has
a market cap of 33.84B. The stock price is currently at: 82.18 USD

 The potential market cap would be $37,454,154,802 based on the market consensus.

The company has a dividend yield of 2.92%. Other points of data to note are a P/
E ratio of 25.84, revenue per share of 33.34 and a 13.26% return on assets.

Otis Worldwide Corporation is an elevator and escalator manufacturing, installation,
and service company. It serves customers in over 200 countries and territories. 
It operates in two segments: New Equipment and Service. Through its New Equipment
segment, it designs, manufactures, sells, and installs a range of passenger and 
freight elevators, as well as escalators and moving walkways to customers in residential
and commercial buildings, and infrastructure projects. The Company sells its New
Equipment units directly to customers, as well as through agents and distributors
globally. Through its Service segment, the Company performs maintenance and repair
services for both its products and those of other manufacturers and provides services
to upgrade elevators and escalators. It provides Otis ONE, an Internet of Things(
IoT) based solution to connect elevators to OtisLine. Otis also offers a range of
passenger experience enhancements, such as eView and Otis eCall.

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