Schindler (OTCMKTS:SHLAF) Share Price Crosses Below Fifty Day Moving Average of $184.32

Schindler Holding AG (OTCMKTS:SHLAFGet Rating)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $184.32 and traded as low as $169.15. Schindler shares last traded at $169.15, with a volume of 1 shares changing hands.

Analyst Ratings Changes

A number of research firms recently issued reports on SHLAF. Barclays lowered their target price on Schindler from CHF 205 to CHF 180 in a research report on Friday, July 8th. Societe Generale lowered their target price on Schindler from CHF 200 to CHF 170 and set a “sell” rating on the stock in a research report on Wednesday, July 6th. Credit Suisse Group lowered their price target on Schindler from CHF 280 to CHF 235 in a research report on Monday, July 25th. Finally, Berenberg Bank lowered their price target on Schindler from CHF 180 to CHF 170 in a research report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $223.00.

Schindler Trading Down 6.4 %

The business has a fifty day moving average price of $184.32 and a 200-day moving average price of $194.75.

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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