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United Technologies Corporation (NYSE:UTX) target price lowered to $115.00, reported today by UBS Securities

UBS Securities lowered the target price of United Technologies Corporation (NYSE:UTX) to $115, stating a possible upside of 0.14%.

Just yesterday United Technologies Corporation (NYSE:UTX) traded 0.90% higher at $100.73. The company’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 two hundred day moving average, compared with the S&P 500 Index which has fallen -0.01% over the date range. Trade volume 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 Technologies Corporation (NYSE:UTX)

United Technologies Corporation has a 52 week low of $83.39 and a 52 week high of $109.83 with a PE ratio of 12 and has a market cap of $0.0.

A total of 18 firms have released a ratings update on the company. Five analysts rate the company a strong buy, six analysts rate the stock a buy, 10 firms rate the stock a hold, one analyst rate the stock to underperform, and finally 0 brokeragesrate the stock as sell with an average target of $111.72

Brief Synopsis On United Technologies Corporation (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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