UBS Group set a CHF 20.50 target price on ABB (VTX:ABBN) in a research report released on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages also recently issued reports on ABBN. Royal Bank of Canada set a CHF 21 price objective on ABB and gave the stock a neutral rating in a research report on Tuesday, August 6th. Jefferies Financial Group set a CHF 20 price objective on ABB and gave the stock a neutral rating in a research report on Thursday, July 25th. Kepler Capital Markets set a CHF 24 price target on ABB and gave the company a buy rating in a report on Wednesday, April 24th. JPMorgan Chase & Co. set a CHF 18 price target on ABB and gave the company a sell rating in a report on Thursday, July 25th. Finally, Deutsche Bank set a CHF 23 price target on ABB and gave the company a buy rating in a report on Friday, July 26th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. ABB currently has an average rating of Hold and a consensus price target of CHF 22.81.
ABB has a 12-month low of CHF 21.65 and a 12-month 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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