# Otis Worldwide Corporation  Share Price Target ‘$98.95’, now .6% Upside Potential

- Link: https://www.directorstalkinterviews.com/otis-worldwide-corporation-share-price-target-98.95-now.6-upside-potential/4121165906
- Published: 2024-07-24T14:20:07+01:00
- Author: Charlotte Edwards

**Otis Worldwide Corporation** which can be found using ticker (OTIS) now have 11
analysts in total covering the stock. The consensus rating is pointing to ‘buy’.
The range between the high target price and low target price is between $110.00 
and $90.00 suggesting an average analyst share price target price of $98.95. (at
the time of writing). Given that the stocks previous close was at $98.38 this would
indicate that there is a potential upside of .6%. Also worth taking note is the 
50 day moving average now sits at $97.45 while the 200 day moving average is $91.38.
The total market capitalization for the company now stands at 37.67B. The stock 
price for the company is currently $93.17 USD

 The potential market cap would be $37,889,031,940 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 26.93, revenue per share of $34.95 and a 14.69% 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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