ABB (VTX:ABBN) received a CHF 26 price target from investment analysts at Kepler Capital Markets in a note issued to investors on Friday, July 20th. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price suggests a potential upside of 12.60% from the stock’s previous close.
Several other research analysts have also weighed in on the stock. Goldman Sachs Group set a CHF 31 target price on shares of ABB and gave the stock a “buy” rating in a research note on Thursday, April 12th. Deutsche Bank set a CHF 29 target price on shares of ABB and gave the stock a “buy” rating in a research note on Wednesday, April 11th. Barclays set a CHF 27.60 target price on shares of ABB and gave the stock a “buy” rating in a research note on Friday, April 13th. Finally, Oddo Bhf set a CHF 27 price target on shares of ABB and gave the stock a “buy” rating in a research report on Friday, April 20th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of CHF 25.70.
Shares of ABBN traded up CHF 0.11 during mid-day trading on Friday, reaching CHF 23.09. The stock had a trading volume of 15,390,000 shares, compared to its average volume of 7,460,000. ABB has a 52-week low of CHF 21.65 and a 52-week high of CHF 27.24.
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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