Royal Bank of Canada Reiterates Sector Perform Rating for Schindler (OTCMKTS:SHLAF)


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Schindler (OTCMKTS:SHLAF)‘s stock had its “sector perform” rating reiterated by stock analysts at Royal Bank of Canada in a research note issued on Tuesday, The Fly reports.

A number of other equities research analysts have also recently weighed in on SHLAF. Berenberg Bank cut shares of Schindler from a “buy” rating to a “hold” rating in a research note on Tuesday, March 16th. JPMorgan Chase & Co. assumed coverage on Schindler in a report on Thursday, March 25th. They issued a “neutral” rating for the company. Oddo Bhf downgraded shares of Schindler from a “neutral” rating to a “reduce” rating in a report on Friday, January 22nd. Barclays reissued an “equal weight” rating on shares of Schindler in a research note on Tuesday, April 6th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Schindler in a report on Tuesday. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold”.

OTCMKTS SHLAF remained flat at $$287.50 on Tuesday. The stock’s fifty day moving average is $296.99 and its 200-day moving average is $280.02. Schindler has a 52-week low of $212.55 and a 52-week high of $315.65.

About Schindler

Schindler Holding AG engages in the production, installation, maintenance, and modernization of passenger and freight elevators, escalators, and moving walks worldwide. It also offers digital media services for engaging communication channels, such as Schindler Ahead DoorShow, which displays information, advertising, and announcements on the elevator doors; Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; and Schindler Ahead AdScreen, an advertising and communication space.

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Analyst Recommendations for Schindler (OTCMKTS:SHLAF)

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