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UBS disclosed United Tech (NYSE:UTX), dropping its stock price target to $115.00 earlier today

United Tech (NYSE:UTX) had its estimated target price lowered to $115 by UBS in an issued report issued 9/19/2016. The target price suggests a potential upside of 0.15% from the company’s last closing price.

Just yesterday United Tech (NYSE:UTX) traded 0.90% higher at $100.10. UTX’s 50-day moving average is $107.27 and its two hundred day moving average is $102.73. The last stock price close is down 1.69% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Volume of trade was was down over the average, with 833,663 shares of UTX changing hands under the typical 3,373,650 shares..

Recent Performance Graph:

United Tech (NYSE:UTX)

United Tech has a P/E of 12 with a one-year low of $83.39 and a one-year high of $109.83. United Tech’s market capitalization is currently $0.0.

Also covering United Tech’s stock price target, a total of 18 equity analysts have reported on the company. The average target stock price is $111.72 with five analysts rating the stock a strong buy, six analysts rating the company a buy, 10 analyts rating the stock a hold, one brokerage rating the company to underperform, and finally 0 brokeragesrating the company as sell.

About United Tech (NYSE:UTX)

United Technologies Corporation is engaged in providing high technology products and services to the building systems and aerospace industries around the world. The Company operates through four segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney, and UTC Aerospace Systems. Its Otis segment designs, manufactures, sells and installs a range of passenger and freight elevators, as well as a line of escalators and moving walkways. Its UTC Climate, Controls & Security segment, is the provider of heating, ventilating, air conditioning (HVAC) and refrigeration solutions. The Company’s Pratt & Whitney segment supplies aircraft engines for the commercial, military, and business jet and general aviation markets. Its UTC Aerospace Systems segment is a provider of aerospace products and aftermarket service solutions.

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