Schindler (OTCMKTS:SHLAF) Upgraded at Barclays

Schindler (OTCMKTS:SHLAFGet Rating) was upgraded by equities researchers at Barclays from an “equal weight” rating to an “overweight” rating in a research report issued on Thursday, The Fly reports.

Several other analysts have also recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Schindler from CHF 210 to CHF 205 in a research note on Friday, December 9th. Berenberg Bank dropped their price target on shares of Schindler from CHF 170 to CHF 155 in a research note on Monday, October 24th. Deutsche Bank Aktiengesellschaft began coverage on shares of Schindler in a research note on Tuesday, November 1st. They issued a “buy” rating for the company. Credit Suisse Group dropped their price target on shares of Schindler from CHF 235 to CHF 195 and set an “outperform” rating for the company in a research note on Friday, October 21st. Finally, HSBC raised shares of Schindler from a “reduce” rating to a “hold” rating in a research note on Friday, October 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Schindler presently has an average rating of “Moderate Buy” and a consensus target price of $208.00.

Schindler Stock Up 1.9 %

Shares of OTCMKTS SHLAF opened at $214.60 on Thursday. Schindler has a 12-month low of $150.96 and a 12-month high of $259.00. The company has a 50-day moving average of $189.59 and a 200 day moving average of $179.70.

Schindler Company Profile

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Schindler Holding AG engages in the production, installation, maintenance, and modernization of elevators, escalators, and moving walks worldwide. It also offers digital media services for providing information, communication, and entertainment channels, such as Schindler Ahead DoorShow, which displays information, advertising, and announcements on the elevator landing doors; Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; Schindler Ahead AdScreen that delivers messages on screen inside the elevator; and Schindler Ahead MediaScreen, an in-car media solution for elevators.

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