United Technologies (NYSE: UTX) had its target price increased by Credit Suisse from $94.00 to $98.00 in a report released on Tuesday.
A number of other firms have also recently commented on UTX. Analysts at Argus reiterated a buy rating on shares of United Technologies in a research note to investors on Thursday, January 31st. They now have a $100.00 price target on the stock, up previously from $8.00. Separately, analysts at Zacks reiterated a neutral rating on shares of United Technologies in a research note to investors on Tuesday, January 29th. They now have a $94.00 price target on the stock. Finally, analysts at TheStreet reiterated a buy rating on shares of United Technologies in a research note to investors on Tuesday, January 29th.
Shares of United Technologies traded down 0.88% during mid-day trading on Tuesday, hitting $89.37. United Technologies has a one year low of $70.71 and a one year high of $91.51. The stock’s 50-day moving average is currently $87.82. The company has a market cap of $81.920 billion and a P/E ratio of 15.93.
The company also recently announced a quarterly dividend, which is scheduled for Sunday, March 10th. Investors of record on Friday, February 15th will be paid a dividend of $0.54 per share. This represents a $2.14 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Wednesday, February 13th.
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