A number of other brokerages also recently weighed in on ABBN. Barclays set a CHF 30 price target on ABB and gave the company a buy rating in a report on Wednesday, November 29th. JPMorgan Chase & Co. set a CHF 24 price target on ABB and gave the company a neutral rating in a report on Tuesday, January 2nd. Morgan Stanley set a CHF 25 price target on ABB and gave the company a neutral rating in a report on Tuesday, November 14th. Jefferies Group set a CHF 21.03 price target on ABB and gave the company a sell rating in a report on Friday, February 16th. Finally, Bank of America set a CHF 28 target price on ABB and gave the company a neutral rating in a research note on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. ABB currently has an average rating of Hold and a consensus price target of CHF 26.30.
Shares of ABBN stock opened at CHF 23.09 on Friday. The company has a market capitalization of $50,410.00 and a price-to-earnings ratio of 23.56. ABB has a 12 month low of CHF 21.65 and a 12 month high of CHF 27.24.
ABB Company Profile
ABB Ltd (ABB) is a holding company. The Company’s segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure.
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