In Thursday’s Wall Street session, Otis Worldwide Corp (NYSE:OTIS) shares traded at $96.95, up 1.62% from the previous session.
OTIS stock price is now 0.58% away from the 50-day moving average and -1.03% away from the 200-day moving average. The market capitalization of the company currently stands at $38.26B.
With the price target maintained at $104, Wolfe Research recently Downgraded its rating from Peer Perform to Underperform for Otis Worldwide Corp (NYSE: OTIS). On December 05, 2024, Barclays Downgraded its previous ‘Equal Weight’ rating to ‘Underweight’ on the stock keeping its target price maintained at $94, while ‘UBS’ rates the stock as ‘Neutral’
In other news, de Montlivault Stephane, President, Otis Asia Pacific sold 6,660 shares of the company’s stock on Mar 10 ’25. The stock was sold for $701,287 at an average price of $105.30. Upon completion of the transaction, the President, Otis Asia Pacific now directly owns 63,931 shares in the company, valued at $6.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 10 ’25, Officer Stephane De Montlivault bought 6,660 shares of the business’s stock. A total of $701,497 was incurred on buying the stock at an average price of $105.33. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, Otis Worldwide Corp has had a low of $89.70 and a high of $106.83.
