United Technologies Corporation (UTX) : The consensus on United Technologies Corporation (UTX) based on 13 analyst recommendation on the company stock is 2.27, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
United Technologies Corporation (UTX) : 11 investment research analysts covering United Technologies Corporation (UTX) have an average price target of $110.18 for the near short term. The highest target price given by the Brokerage Firm to the stock is $130 and the lowest target is $80 for the short term. Analysts expect the variance to be within $12.32 of the average price.
Also, Equity Analysts at the Barclays maintains the rating on United Technologies Corporation (NYSE:UTX). The brokerage firm has issued a Equalweight rating on the shares. The Analysts at the ratings agency raises the price target from $108 per share to $110 per share. The rating by the firm was issued on July 27, 2016.
United Technologies Corporation (NYSE:UTX): After opening at $101.44, the stock dipped to an intraday low of $101.26 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $102.91 and the buying power remained strong till the end. The stock closed at $102.71 for the day, a gain of 1.03% for the day session. The total traded volume was 3,158,944. The stocks close on the previous trading day was $101.66.
United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. Otis designs, manufactures, sells and installs a range of passenger and freight elevators for low-, medium- and high-speed applications, as well as a line of escalators and moving walkways. UTC Climate, Controls & Security is a provider of heating, ventilating, air conditioning (HVAC) and refrigeration solutions. Pratt & Whitney segment supplies aircraft engines for the commercial, military, business jet and general aviation markets. UTC Aerospace Systems is a global provider of technologically advanced aerospace products and aftermarket service solutions. Its Sikorsky segment manufactures military and commercial helicopters and also provides aftermarket helicopter and aircraft parts and services.