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 reaffirmed by investment analysts at Royal Bank of Canada in a report released on Tuesday, The Fly reports.

A number of other equities analysts also recently weighed in on the stock. Berenberg Bank downgraded shares of Schindler from a “buy” rating to a “hold” rating in a research note on Tuesday, March 16th. Oddo Bhf lowered shares of Schindler from a “neutral” rating to a “reduce” rating in a research report on Friday, January 22nd. Morgan Stanley reissued an “equal weight” rating on shares of Schindler in a research report on Tuesday. Barclays reissued an “equal weight” rating on shares of Schindler in a research report on Tuesday, April 6th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Schindler in a research report on Thursday, March 25th. They issued a “neutral” rating for the company. 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 stock. The company currently has a consensus rating of “Hold”.

OTCMKTS:SHLAF remained flat at $$287.50 during trading hours on Tuesday. Schindler has a 52 week low of $212.55 and a 52 week high of $315.65. The firm has a fifty day moving average price of $296.99 and a 200 day moving average price of $280.02.

Schindler Company Profile

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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