There have been numerous developments within
Otis Worldwide Corp. (OTIS) recently. Several noteworthy events include the appointment of a new
Executive Vice President & Chief Financial Officer Cristina Méndez, new CFO having an updated compensation plan and Otis's Taiwan subsidiary acquiring Jardine Schindler Lifts in Taiwan. Several investment firms have also boosted their holdings in Otis Worldwide, including
First Eagle Investment Management LLC and
Dimensional Fund Advisors LP. Royal Bank of Canada has given Otis World an
'Outperform' rating. The strategic initiatives of Otis are helping the company despite cost issues. Even though there have been some daily fluctuations in the market,
Otis stock has seen a general upward trend. However, Otis stock's performance is still underperforming the market on certain days. Analysis suggests that Otis Worldwide Corp is undervalued by 21%. The company has recently completed a big
modernization project for Burj Khalifa and extended the service contract for 10 years.
Otis Worldwide Corporation OTIS News Analytics from Mon, 30 Oct 2023 07:00:00 GMT to Sat, 21 Sep 2024 09:07:41 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -5
