Deutsche Bank Initiates Coverage on Otis Worldwide (OTIS) with Hold Rating | OTIS Stock News

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Jul 14, 2025
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On July 14, 2025, Deutsche Bank initiated coverage on Otis Worldwide (OTIS, Financial), announcing a "Hold" rating for the company's stock. The coverage has been started by analyst Nicole Deblase, who set a price target of $109.00 for OTIS.

This coverage marks a new entry from Deutsche Bank, as there were no prior ratings or price targets set by the bank for Otis Worldwide. The current price target of $109.00 is now active and represents Deutsche Bank's estimate of the stock's value in the foreseeable future.

The rating and price target are issued in USD and highlight Deutsche Bank's neutral stance on OTIS. Investors may want to consider this information when evaluating their portfolio decisions concerning Otis Worldwide.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 12 analysts, the average target price for Otis Worldwide Corp (OTIS, Financial) is $100.83 with a high estimate of $109.00 and a low estimate of $90.00. The average target implies an upside of 1.76% from the current price of $99.09. More detailed estimate data can be found on the Otis Worldwide Corp (OTIS) Forecast page.

Based on the consensus recommendation from 16 brokerage firms, Otis Worldwide Corp's (OTIS, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Otis Worldwide Corp (OTIS, Financial) in one year is $99.50, suggesting a upside of 0.41% from the current price of $99.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Otis Worldwide Corp (OTIS) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.