Otis Worldwide Corporation
(NYSE: OTIS)
Balfour Capital Group has issued a buy recommendation
for Otis Worldwide Corporation (OTIS)Â on April 28th, 2025
Otis Worldwide Corporation is the world’s leading manufacturer, installer, and servicer of elevators, escalators, and moving walkways. Headquartered in Farmington, Connecticut, Otis operates globally, maintaining approximately 2.4 million units and moving 2.4 billion people daily. The company offers a range of products for residential, commercial, and infrastructure projects, including its Gen2, Gen3, Gen360, and SkyRise elevator systems. Otis was originally part of United Technologies but became an independent entity in April 2020.
Post Recommendation Price Trend Chart
- We have established a Buy recommendation at $92.93 on April 28th, 2025.
- Our designated price target stands at $124.00
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XBalfour Capital Group wants to clarify that our recommendation to Buy Otis Worldwide Corporation (NYSE:OTIS)Â is based on thorough research conducted by our dedicated teams.
We invest significant time and resources in analyzing market trends, financial data, and industry insights to provide well-informed guidance.
However, it is important to note that our recommendation does not guarantee any specific financial outcomes. The decision to act on our recommendation should be made at your discretion. Please be aware that investments carry inherent risks, and the value of investments can fluctuate, potentially resulting in financial loss.
*THIS INFORMATION IS PROVIDED FOR COMMERCIAL AND INDICATIVE PURPOSES ONLY AND MAY DIFFER FROM REALITY. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. TRADING WITH LEVERAGE INVOLVES A SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.*