Schindler (OTCMKTS:SHLAF) Stock Price Up 1.2% – Here’s Why

Schindler Holding AG (OTCMKTS:SHLAF) shares were up 1.2% on Friday . The stock traded as high as $359.65 and last traded at $359.65. Approximately 34 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 115 shares. The stock had previously closed at $355.51.

Analysts Set New Price Targets

SHLAF has been the topic of several recent research reports. Citigroup reaffirmed a “neutral” rating on shares of Schindler in a report on Monday, October 6th. Morgan Stanley reissued an “underweight” rating on shares of Schindler in a research report on Friday, October 31st. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Schindler Stock Performance

The business has a fifty day moving average of $358.18 and a 200-day moving average of $365.89.

Schindler Company Profile

Schindler Group is a Switzerland-based multinational engineering company specializing in the design, manufacturing and servicing of elevators, escalators and moving walkways. Its product portfolio spans a range of urban mobility solutions, from machine-room-less passenger lifts for residential buildings to high-capacity elevators for skyscrapers and heavy-duty escalators for transit hubs. The company emphasizes energy-efficient drive systems, digital connectivity and predictive maintenance technologies to support safe, reliable vertical transportation.

Founded in 1874 by Robert Schindler and Eduard Villiger in Lucerne, Schindler has grown from a regional ironworks into a global industry leader.