Schindler Holding AG (OTCMKTS:SHLAF) Given Consensus Recommendation of “Hold” by Analysts

Shares of Schindler Holding AG (OTCMKTS:SHLAF) have earned a consensus recommendation of “Hold” from the ten research firms that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $305.00.

SHLAF has been the topic of a number of research reports. Credit Suisse Group downgraded Schindler to a “hold” rating and set a $305.00 price target on the stock. in a research note on Tuesday, July 27th. HSBC downgraded Schindler from a “buy” rating to a “hold” rating and set a $305.00 price target on the stock. in a research note on Friday, September 3rd. Morgan Stanley reissued an “equal weight” rating on shares of Schindler in a research note on Monday, July 26th. Barclays reissued an “equal weight” rating on shares of Schindler in a research note on Monday, July 26th. Finally, Royal Bank of Canada reissued a “hold” rating on shares of Schindler in a research note on Friday, July 30th.

SHLAF stock traded down $11.80 during trading on Friday, reaching $296.80. 19 shares of the stock were exchanged, compared to its average volume of 108. The firm’s 50 day moving average is $318.16 and its 200 day moving average is $302.29. Schindler has a twelve month low of $259.35 and a twelve month high of $329.00.

Schindler Company Profile

Schindler Holding AG engages in the design, manufacture, and installation of elevator and escalator systems. It also offers moving walks, transit management solutions, and related maintenance and repair services. The company was founded by Robert Schindler and Eduard Villiger in 1874 and is headquartered in Hergiswil, Switzerland.

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Analyst Recommendations for Schindler (OTCMKTS:SHLAF)

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