AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Deutsche Bank Initiates Coverage of Otis Worldwide with Hold Rating and $109 Price Target
ByAinvest
Monday, Jul 14, 2025 1:06 pm ET1min read
Deutsche Bank initiated coverage of Otis Worldwide (OTIS) with a Hold rating and $109 price target. The firm expects "average" organic revenue and earnings growth, and sees "modest" upside to consensus forecasts but believes it's not strong enough to push the target price significantly above the current share price.
Deutsche Bank has initiated coverage of Otis Worldwide (OTIS) with a Hold rating and a price target of $109. The firm expects "average" organic revenue and earnings growth, and sees "modest" upside to consensus forecasts. However, Deutsche Bank believes the potential upside is not strong enough to significantly push the target price above the current share price [3].Otis Worldwide is a leading elevator and escalator manufacturing company. Recently, Morgan Stanley raised its price target for OTIS from $97.00 to $105.00, indicating an 8.25% increase [1]. This revision reflects a more optimistic outlook for the company's financial performance. The stock continues to hold an "Equal-Weight" rating, indicating that the analyst expects OTIS to perform in line with the broader market [1].
According to Deutsche Bank's analysis, the average one-year price target for OTIS, based on the consensus of 11 analysts, is $99.91, with a high estimate of $108.00 and a low estimate of $90.00 [1]. The consensus recommendation from 15 brokerage firms is currently 2.9, indicating a "Hold" status [1]. GuruFocus estimates the GF Value for OTIS in one year to be $99.50, suggesting a downside of 0.43% from the current price [1].
In other news, Deutsche Bank led a $747 million loan to fund the first section of the Lagos-Calabar Coastal Highway, a flagship project under the Federal Government’s Renewed Hope Infrastructure Development Agenda [2]. This deal marks the largest syndicated loan ever arranged for a road project in Nigeria and reflects the success of ongoing economic reforms.
References:
[1] https://www.gurufocus.com/news/2964324/otis-worldwide-otis-morgan-stanley-raises-price-target-otis-stock-news
[2] https://thenationonlineng.net/deutsche-bank-leads-747m-loan-to-boost-lagos-calabar-coastal-highway/
[3] https://www.marketbeat.com/instant-alerts/otis-worldwide-nyseotis-stock-price-expected-to-rise-morgan-stanley-analyst-says-2025-07-08/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet