ABB (VTX:ABBN) has been assigned a CHF 31 target price by Goldman Sachs Group in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 15.80% from the stock’s previous close.

Several other research firms have also commented on ABBN. Barclays set a CHF 30 price objective on ABB and gave the company a “buy” rating in a research report on Wednesday, November 29th. Deutsche Bank set a CHF 29 price objective on ABB and gave the company a “buy” rating in a research report on Monday, December 4th. Morgan Stanley set a CHF 25 price objective on ABB and gave the company a “neutral” rating in a research report on Tuesday, November 14th. Kepler Capital Markets set a CHF 28 price objective on ABB and gave the company a “buy” rating in a research report on Thursday, December 14th. Finally, JPMorgan Chase & Co. set a CHF 23.50 price objective on ABB and gave the company a “neutral” rating in a research report on Thursday, September 7th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of CHF 25.54.

ABB (VTX:ABBN) opened at CHF 26.77 on Friday. ABB has a 52-week low of CHF 21.58 and a 52-week high of CHF 26.80. The company has a market capitalization of $57,890.00 and a PE ratio of 26.25.

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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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