ABB (VTX:ABBN) Given a CHF 22.77 Price Target at Jefferies Financial Group

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ABB (VTX:ABBN) has been given a CHF 22.77 target price by investment analysts at Jefferies Financial Group in a research note issued on Thursday, October 25th. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s target price points to a potential downside of 1.39% from the stock’s current price.

A number of other brokerages have also recently issued reports on ABBN. Goldman Sachs Group set a CHF 32 target price on shares of ABB and gave the company a “buy” rating in a research report on Friday, September 28th. Societe Generale set a CHF 26.50 price target on ABB and gave the company a “buy” rating in a research note on Friday, September 14th. Citigroup set a CHF 28 price target on ABB and gave the company a “buy” rating in a research note on Thursday, September 27th. JPMorgan Chase & Co. set a CHF 24 price target on ABB and gave the company a “neutral” rating in a research note on Thursday, August 23rd. Finally, Barclays set a CHF 27.60 price target on ABB and gave the company a “buy” rating in a research note on Thursday, August 16th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of CHF 25.24.

ABBN stock traded up CHF 0.11 during midday trading on Thursday, reaching CHF 23.09. 15,390,000 shares of the company were exchanged, compared to its average volume of 7,460,000. ABB has a one year low of CHF 21.65 and a one year 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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Analyst Recommendations for ABB (VTX:ABBN)

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