United Technologies Corporation shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term. Investors should benefit from the breakout of the $ 110 level to target the $ 115.1.
In a short-term perspective, the company has interesting fundamentals.
The group's high margin levels account for strong profits.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The tendency within the weekly time frame is positive above the technical support level at 98.89 USD
The company's earnings releases usually do not meet expectations.
Manufactures engine parts, elevators, and air-conditioning equipmentUnited Technologies Corp. engages in the provision of products and services to the building systems and aerospace industries worldwide.It operates through five business segments: Otis, UTC Climate, Controls & Security, Pratt &...