Barclays maintains Underweight rating on Otis Worldwide with PT raised to $92.

Barclays maintains Underweight rating on Otis Worldwide with PT raised to $92.

Title: Barclays Raises Price Target for Otis Worldwide to $92.00

On July 9, 2025, Barclays analyst Julian Mitchell issued a report maintaining the "Underweight" rating for Otis Worldwide (OTIS, Financial). The latest update involves a revision of the price target from $90.00 to $92.00 USD. This change represents a 2.22% increase in the price target for Otis Worldwide (OTIS, Financial). Despite the raised price target, the analyst rating remains unchanged at "Underweight" [1].

Investors will be interested in how Otis Worldwide (OTIS, Financial) responds to this updated guidance as the company continues to navigate the current market environment. Based on the one-year price targets offered by 11 analysts, the average target price for Otis Worldwide Corp (OTIS, Financial) is $100.09 with a high estimate of $108.00 and a low estimate of $90.00. The average target implies an upside of 1.43% from the current price of $98.68. More detailed estimate data can be found on the Otis Worldwide Corp (OTIS) Forecast page [1].

Based on the consensus recommendation from 15 brokerage firms, Otis Worldwide Corp's (OTIS, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell [1].

Based on GuruFocus estimates, the estimated GF Value for Otis Worldwide Corp (OTIS, Financial) in one year is $99.50, suggesting an upside of 0.83% from the current price of $98.68. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Otis Worldwide Corp (OTIS) Summary page [1].

References

[1] https://www.gurufocus.com/news/2967361/barclays-raises-price-target-for-otis-worldwide-otis-to-9200-otis-stock-news