Zacks Rating on United Technologies Corporation (UTX)

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) : 10 investment research analysts covering United Technologies Corporation (UTX) have an average price target of $110 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 $12.97 of the average price.


United Technologies Corporation has dropped 0.46% in the last five trading days, however, the shares have posted positive gains of 3.83% in the last 4 weeks. United Technologies Corporation is up 8.75% in the last 3-month period. Year-to-Date the stock performance stands at 14.7%. United Technologies Corporation (NYSE:UTX): On Tuesdays trading session , Opening price of the stock was $109 with an intraday high of $109.35. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $108. However, the stock managed to close at $108, a loss of 0.46% for the day. On the previous day, the stock had closed at $108.5. The total traded volume of the day was 3,064,066 shares.

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.

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