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

Schindler Holding AG (OTCMKTS:SHLAF) has been assigned an average recommendation of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company.

SHLAF has been the subject of a number of recent analyst reports. Oddo Bhf upgraded Schindler to a “neutral” rating in a research report on Thursday, January 29th. Citigroup raised shares of Schindler from a “neutral” rating to a “buy” rating in a research note on Monday, January 26th.

Schindler Stock Down 1.7%

Shares of Schindler stock opened at $330.61 on Friday. Schindler has a 12-month low of $293.15 and a 12-month high of $410.62. The stock’s fifty day moving average is $373.60 and its 200-day moving average is $366.29.

About Schindler

Schindler Group is a Switzerland-based multinational engineering company specializing in the design, manufacturing and servicing of elevators, escalators and moving walkways. Its product portfolio spans a range of urban mobility solutions, from machine-room-less passenger lifts for residential buildings to high-capacity elevators for skyscrapers and heavy-duty escalators for transit hubs. The company emphasizes energy-efficient drive systems, digital connectivity and predictive maintenance technologies to support safe, reliable vertical transportation.

Founded in 1874 by Robert Schindler and Eduard Villiger in Lucerne, Schindler has grown from a regional ironworks into a global industry leader.