ABB (VTX:ABBN) has been given a CHF 21 target price by analysts at UBS in a report issued on Tuesday, www.boersen-zeitung.de reports. The firm presently has a “sell” rating on the stock. UBS’s target price would suggest a potential downside of 18.10% from the company’s previous close.

A number of other research analysts have also commented on ABBN. Goldman Sachs Group set a CHF 25 target price on ABB and gave the company a “neutral” rating in a research note on Tuesday, September 26th. Deutsche Bank set a CHF 23.50 target price on ABB and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Citigroup set a CHF 21 target price on ABB and gave the company a “sell” rating in a research note on Tuesday, September 26th. Morgan Stanley set a CHF 25 target price on ABB and gave the company a “neutral” rating in a research note on Thursday, October 5th. Finally, J P Morgan Chase & Co set a CHF 23.50 target price on ABB and gave the company a “neutral” rating in a research note on Monday, October 2nd. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of CHF 25.54.

ABB (VTX:ABBN) opened at CHF 25.64 on Tuesday. ABB has a 1-year low of CHF 21.12 and a 1-year high of CHF 26.54.

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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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