Liberum Reports Initiation of Land Securities (NYSE:UTX)

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How Liberum Currently Rates Land Securities (NYSE:UTX)

Professional analysts at Liberum have initiated coverage on Land Securities (NYSE:UTX) with “Hold” rating. This was distributed in a recent report on Tuesday morning.

From a total of 17 analysts covering United Technologies Corporation (NYSE:UTX) stock, 12 rate it a ”Buy”, 0 a “Sell”, and 8 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is $125 while the lowest target price is $96. The mean of all analyst targets is $109.18 with a 17.00% above today’s ($96.73) stock price. United Technologies Corporation was the topic of 23 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on November 16 with “Neutral” rating. Deutsche Bank maintained shares with “Hold” rating and $102 target share price in a report from a September 21. RBC Capital Markets downgraded UTX stock in a recent report from October 13 to “Sector Perform” rating. Barclays Capital downgraded the rating on August 31. Barclays Capital has a “Equal Weight” rating and a $100 price target on shares. Finally, Numis Securities upgraded the stock to “Buy” rating in a report issued on an October 6.

Approximately 785,328 shares of stock traded hands. United Technologies Corporation (NYSE:UTX) has declined 17.26% since April 28, 2015 and is downtrending. It has underperformed by 15.63% the S&P500.

United Technologies Corporation provides high technology services and products to the building systems and aerospace industries across the world. The company has a market cap of $86.47 billion. The Firm operates through five divisions: Otis; UTC Climate, Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. It has 15.08 P/E ratio. Otis designs, makes, 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.

According to Zacks Investment Research, “United Technologies Corporation provides a broad range of high technology products and services to the building systems and aerospace industries. Those products include Pratt & Whitney aircraft engines, space propulsion systems and industrial gas turbines; Carrier heating, air conditioning and refrigeration; Otis elevator, escalator and people movers; Hamilton Sundstrand aerospace and industrial products; Sikorsky helicopters and International Fuel Cells power systems. (Company Press Release)” Get a free copy of the Zacks research report on United Technologies Corporation (UTX)

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