Schindler Holding AG (OTCMKTS:SHLAF) Receives Consensus Recommendation of “Hold” from Analysts

Schindler Holding AG (OTCMKTS:SHLAF) has received an average rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company.

A number of equities research analysts have recently weighed in on SHLAF shares. Oddo Bhf upgraded shares of Schindler to a “neutral” rating in a research report on Thursday. Citigroup raised shares of Schindler from a “neutral” rating to a “buy” rating in a report on Monday. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Schindler in a report on Friday, October 31st.

Schindler Stock Performance

Shares of OTCMKTS:SHLAF opened at $361.61 on Thursday. Schindler has a 12-month low of $273.50 and a 12-month high of $399.43. The company has a fifty day simple moving average of $360.05 and a 200 day simple moving average of $365.28.

Schindler Company Profile

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.