Schindler Holding AG (OTCMKTS:SHLAF) Receives $257.38 Average PT from Brokerages

Schindler Holding AG (OTCMKTS:SHLAFGet Rating) has been assigned a consensus rating of “Hold” from the eleven research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $257.38.

Several equities analysts have recently weighed in on SHLAF shares. Berenberg Bank reduced their price objective on shares of Schindler from CHF 270 to CHF 240 and set a “hold” rating for the company in a research report on Wednesday, March 2nd. UBS Group reduced their price objective on shares of Schindler from CHF 320 to CHF 300 and set a “buy” rating for the company in a research note on Tuesday, February 22nd. Morgan Stanley reduced their price objective on shares of Schindler from CHF 256 to CHF 245 and set an “overweight” rating for the company in a research note on Monday, April 25th. Credit Suisse Group reduced their price objective on shares of Schindler from CHF 305 to CHF 280 in a research note on Friday, February 18th. Finally, The Goldman Sachs Group raised shares of Schindler from a “neutral” rating to a “buy” rating and set a $234.00 price objective for the company in a research note on Friday, March 25th.

OTCMKTS:SHLAF opened at $190.07 on Thursday. Schindler has a twelve month low of $179.65 and a twelve month high of $329.00. The company has a 50-day moving average of $201.84 and a 200-day moving average of $236.80.

Schindler Company Profile (Get Rating)

Schindler Holding AG engages in the production, installation, maintenance, and modernization of passenger and freight elevators, escalators, and moving walks worldwide. It also offers digital media services for engaging communication channels, such as Schindler Ahead DoorShow, which displays information, advertising, and announcements on the elevator doors; Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; and Schindler Ahead AdScreen, an advertising and communication space.

Recommended Stories

Analyst Recommendations for Schindler (OTCMKTS:SHLAF)

Receive News & Ratings for Schindler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schindler and related companies with MarketBeat.com's FREE daily email newsletter.