ABB Ltd. (VTX:ABBN) has been given a CHF 23.50 price objective by analysts at J P Morgan Chase & Co in a report released on Thursday. The brokerage presently has a “neutral” rating on the stock.

Other analysts also recently issued research reports about the company. Morgan Stanley set a CHF 25 target price on ABB and gave the company a “buy” rating in a research note on Wednesday, July 5th. Deutsche Bank AG set a CHF 24 target price on ABB and gave the company a “neutral” rating in a research note on Thursday, June 1st. Goldman Sachs Group, Inc. (The) set a CHF 25 target price on ABB and gave the company a “neutral” rating in a research note on Tuesday, July 25th. Kepler Capital Markets set a CHF 24.50 target price on ABB and gave the company a “neutral” rating in a research note on Friday, July 21st. Finally, S&P Global set a CHF 26 target price on ABB and gave the company a “neutral” rating in a research note on Thursday, July 20th. Two equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. ABB presently has an average rating of “Hold” and an average price target of CHF 23.69.

ABB (VTX ABBN) traded down 0.09% on Thursday, reaching CHK 22.75. The company’s stock had a trading volume of 3,959,349 shares. The firm has a market capitalization of CHK 48.55 billion and a P/E ratio of 21.92. ABB has a 52-week low of CHK 19.72 and a 52-week high of CHK 24.89. The firm has a 50-day moving average price of CHK 22.39 and a 200 day moving average price of CHK 23.43.

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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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