ABB Ltd. (VTX:ABBN) has been given an average recommendation of “Hold” by the nine brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is CHF 23.83.

Several research analysts have commented on the company. HSBC Holdings plc set a CHF 25 target price on ABB and gave the stock a “neutral” rating in a research note on Wednesday. Deutsche Bank AG set a CHF 23.50 target price on ABB and gave the stock a “neutral” rating in a research note on Tuesday. Morgan Stanley set a CHF 25 target price on ABB and gave the stock a “neutral” rating in a research note on Thursday, October 5th. J P Morgan Chase & Co set a CHF 23.50 target price on ABB and gave the stock a “neutral” rating in a research note on Monday, October 2nd. Finally, Citigroup Inc. set a CHF 21 target price on ABB and gave the stock a “sell” rating in a research note on Tuesday, September 26th.

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About ABB

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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