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

Shares of Schindler Holding AG (OTCMKTS:SHLAF – Get Rating) have been given an average rating of “Hold” by the nine research firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $200.67.

A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Schindler from CHF 210 to CHF 205 in a report on Friday, December 9th. HSBC downgraded shares of Schindler from a “hold” rating to a “reduce” rating in a report on Friday, March 3rd. Finally, Barclays raised shares of Schindler from an “equal weight” rating to an “overweight” rating in a report on Thursday, January 12th.

Schindler Price Performance

SHLAF stock opened at $227.50 on Wednesday. The firm’s fifty day simple moving average is $216.73 and its 200-day simple moving average is $189.71. Schindler has a 12 month low of $150.96 and a 12 month high of $231.50.

About Schindler

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Schindler Holding AG engages in the design, manufacture, and installation of elevator and escalator systems. It also offers moving walks, transit management solutions, and related maintenance and repair services. The company was founded by Robert Schindler and Eduard Villiger in 1874 and is headquartered in Hergiswil, Switzerland.