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

- Link: https://www.directorstalkinterviews.com/otis-worldwide-corporation-consensus-hold-rating-and-10.7-upside-potential/4121129264
- Published: 2023-10-12T12:26:19+01:00
- Author: Charlotte Edwards

**Otis Worldwide Corporation** which can be found using ticker (OTIS) have now 13
confirmed analysts covering the stock with the consensus suggesting a rating of ‘
hold’. The range between the high target price and low target price is between 100
and 77 with the average target price sitting at $88.92. Now with the previous closing
price of $80.30 and the analysts are correct then we can expect a percentage increase
in value of 10.7%. The day 50 moving average is $83.41 while the 200 day moving 
average is $83.86. The market capitalization for the company is 33.37B. The stock
price for the company is currently 81.04 USD

 The potential market cap would be $36,949,763,807 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 25.33, 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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