Otis Worldwide Corporation, a major player in the elevator systems industry, has received a neutral rating from UBS.

The company specializes in manufacturing, installing, and maintaining elevators, escalators, and conveyors for various sectors, including residential, commercial, and industrial buildings.

In terms of financial performance, a significant portion of Otis' revenue comes from maintenance and repair services, accounting for 59.1% of net sales, while the sale of elevator systems contributes 40.9%.

Geographically, the company's net sales are distributed with 28.4% from the United States, 17.2% from China, and the remaining 54.4% from other regions, indicating its global presence in the market.