ABB (ABBN) Given a CHF 30 Price Target by Deutsche Bank Analysts

Deutsche Bank set a CHF 30 price objective on ABB (VTX:ABBN) in a report issued on Wednesday. The firm currently has a buy rating on the stock.

Several other brokerages also recently commented on ABBN. Barclays set a CHF 30 price target on shares of ABB and gave the company a buy rating in a research report on Wednesday, November 29th. Goldman Sachs Group set a CHF 25 price target on shares of ABB and gave the company a neutral rating in a research report on Tuesday, October 17th. Bank of America set a CHF 28 price target on shares of ABB and gave the company a neutral rating in a research report on Tuesday, January 9th. Citigroup set a CHF 27 price target on shares of ABB and gave the company a neutral rating in a research report on Thursday, January 11th. Finally, Morgan Stanley set a CHF 25 price objective on shares of ABB and gave the company a neutral rating in a research note on Tuesday, November 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of CHF 26.85.

Shares of ABB (VTX:ABBN) opened at CHF 26.98 on Wednesday. The company has a market cap of $58,090.00 and a P/E ratio of 26.98. ABB has a 12-month low of CHF 21.65 and a 12-month high of CHF 27.24.

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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.

Analyst Recommendations for ABB (VTX:ABBN)

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