Morgan Stanley restated their equal weight rating on shares of Schindler (OTCMKTS:SHLAF) in a research report sent to investors on Thursday, The Fly reports.
A number of other analysts have also weighed in on the stock. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Schindler in a report on Monday, July 26th. Barclays reaffirmed an equal weight rating on shares of Schindler in a report on Monday, July 26th. HSBC lowered Schindler from a buy rating to a hold rating and set a $305.00 price objective for the company. in a research note on Friday, September 3rd. Credit Suisse Group lowered Schindler to a hold rating and set a $305.00 target price on the stock. in a research note on Tuesday, July 27th. Finally, Royal Bank of Canada reiterated a hold rating on shares of Schindler in a research report on Friday, July 30th. Two analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of Hold and an average price target of $308.38.
Shares of SHLAF opened at $296.80 on Thursday. Schindler has a twelve month low of $259.35 and a twelve month high of $329.00. The business’s 50-day moving average price is $316.55 and its 200-day moving average price is $302.94.
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.
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