Skip to main content

RBC Capital Remains a Buy on Otis Worldwide (OTIS)

Tipranks - Wed Jan 14, 8:00PM CST

In a report released yesterday, Nicholas Housden from RBC Capital maintained a Buy rating on Otis Worldwide, with a price target of $110.00.

Claim 70% Off TipRanks Premium

According to TipRanks, Housden is a 5-star analyst with an average return of 13.4% and a 69.23% success rate. Housden covers the Industrials sector, focusing on stocks such as Paccar, Daimler Truck Holding AG, and FLSmidth & Co. A/S.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Otis Worldwide with a $101.50 average price target.

Based on Otis Worldwide’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.69 billion and a net profit of $374 million. In comparison, last year the company earned a revenue of $3.55 billion and had a net profit of $540 million

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OTIS in relation to earlier this year. Most recently, in November 2025, Michael Patrick Ryan , the SVP, CAO & Controller of OTIS sold 3,028.00 shares for a total of $277,637.32.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.