JPMorgan Chase & Co. set a CHF 18 price objective on ABB (VTX:ABBN) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Several other equities analysts have also recently weighed in on the company. Royal Bank of Canada reiterated an average rating and issued a $48.00 price target on shares of in a research report on Thursday, June 27th. UBS Group set a $160.00 price target on IBM and gave the company a buy rating in a research report on Wednesday, April 17th. Kepler Capital Markets set a €29.70 ($34.53) price target on DWS Group & GmbH Co KgaA and gave the company a neutral rating in a research report on Wednesday, April 24th. Deutsche Bank reiterated a hold rating and issued a GBX 350 ($4.57) price target on shares of in a research report on Friday, July 5th. Finally, Berenberg Bank reiterated a hold rating on shares of Telefonica in a research report on Tuesday, March 19th. Three analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of CHF 22.86.
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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