Morgan Stanley reiterated their equal weight rating on shares of Schindler (OTCMKTS:SHLAF) in a research report report published on Thursday morning, The Fly reports.
Several other research firms have also commented on SHLAF. HSBC lowered Schindler from a buy rating to a hold rating and set a $305.00 target price 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 for the company. in a research note on Tuesday, July 27th. Barclays reiterated an equal weight rating on shares of Schindler in a research note on Monday, July 26th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Schindler in a research note on Monday, July 26th. Finally, Royal Bank of Canada reiterated a hold rating on shares of Schindler in a research note on Friday, July 30th. Two investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of Hold and an average target price of $308.38.
Schindler stock opened at $296.80 on Thursday. The stock’s 50 day moving average price is $316.70 and its 200 day moving average price is $302.78. Schindler has a 1-year low of $259.35 and a 1-year high of $329.00.
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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