Goldman Sachs Group, Inc. (The) set a CHF 25 price objective on ABB Ltd. (VTX:ABBN) in a research report sent to investors on Tuesday, October 17th. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts have also recently commented on ABBN. Citigroup Inc. set a CHF 21 price target on ABB and gave the stock a sell rating in a research note on Monday, July 3rd. J P Morgan Chase & Co set a CHF 23 price target on ABB and gave the stock a neutral rating in a research note on Thursday, July 13th. Deutsche Bank AG set a CHF 23.50 price target on ABB and gave the stock a neutral rating in a research note on Tuesday, October 10th. Finally, Morgan Stanley set a CHF 25 price target on ABB and gave the stock a buy rating in a research note on Wednesday, July 5th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. ABB presently has a consensus rating of Hold and a consensus price target of CHF 24.25.
Shares of ABB (VTX:ABBN) traded down CHF 0.06 during mid-day trading on Tuesday, hitting CHF 26.12. 4,230,000 shares of the stock were exchanged, compared to its average volume of 5,800,000. ABB has a fifty-two week low of CHF 19.72 and a fifty-two week high of CHF 26.54.
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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