Credit Suisse (SIX:CSGN) analyst John Walsh maintained a Hold rating on Otis Worldwide (NYSE:OTIS) on Tuesday, setting a price target of $77, which is approximately 0.96% above the present share price of $76.27.
Walsh expects Otis Worldwide to post earnings per share (EPS) of $0.58 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Otis Worldwide, with an average price target of $75.
The analysts price targets range from a high of $85 to a low of $65.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $3.49 billion and a net profit of $440 million. The company's market cap is $33.08 billion.
According to TipRanks.com, Credit Suisse analyst John Walsh is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.0% and a 77.86% success rate.
Otis Worldwide Corporation engages in designing, manufacturing, selling and installations of passenger and freight elevators, escalators and moving walkways for infrastructure projects, and residential and commercial buildings. It also provides maintenance and repair services, as well as modernization services for elevators and escalators.