Goldman Sachs Downgrades Schindler Holding AG to Sell, Cuts Price Target
Schindler Holding AG's stock has fallen after Goldman Sachs downgraded its recommendation to sell, citing limited growth catalysts and increased headwinds from China.
The investment bank cut its 12-month price target to 233.00 Swiss francs from 286.00 Swiss francs, implying a downside of around 10.6 percent versus the closing price on September 4, 2026.
This comes as Schindler generated flat revenue of 2.19 billion Swiss francs in the most recently completed quarter, with earnings per share expected to reach 10.35 Swiss francs for 2026.