Schindler Holding AG (OTCMKTS:SHLAF) Receives Average Recommendation of “Hold” from Analysts

Schindler Holding AG (OTCMKTS:SHLAFGet Rating) has been assigned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $259.25.

Several research firms have recently issued reports on SHLAF. Morgan Stanley lowered their target price on shares of Schindler from CHF 272 to CHF 260 and set an “overweight” rating for the company in a report on Thursday, February 17th. Berenberg Bank lowered their target price on shares of Schindler from CHF 270 to CHF 240 and set a “hold” rating for the company in a report on Wednesday, March 2nd. UBS Group decreased their price objective on shares of Schindler from CHF 320 to CHF 300 and set a “buy” rating for the company in a report on Tuesday, February 22nd. Barclays decreased their price objective on shares of Schindler from CHF 220 to CHF 205 in a report on Tuesday, April 5th. Finally, Credit Suisse Group decreased their price objective on shares of Schindler from CHF 305 to CHF 280 in a report on Friday, February 18th.

Schindler stock opened at $197.75 on Friday. The firm has a 50-day moving average price of $220.16 and a 200-day moving average price of $248.01. Schindler has a 12-month low of $197.75 and a 12-month high of $329.00.

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.

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Analyst Recommendations for Schindler (OTCMKTS:SHLAF)

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