ABB (ABBN) PT Set at CHF 32 by Goldman Sachs Group

ABB (VTX:ABBN) has been given a CHF 32 price target by Goldman Sachs Group in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 40.97% from the company’s previous close.

ABBN has been the subject of several other reports. JPMorgan Chase & Co. set a CHF 23.50 target price on shares of ABB and gave the stock a “neutral” rating in a research report on Monday, October 23rd. set a CHF 25 target price on shares of ABB and gave the stock a “neutral” rating in a research report on Wednesday, October 11th. Deutsche Bank set a CHF 30 target price on shares of ABB and gave the stock a “buy” rating in a research report on Wednesday, January 17th. UBS Group set a CHF 21 target price on shares of ABB and gave the stock a “sell” rating in a research report on Tuesday, October 17th. Finally, Morgan Stanley set a CHF 25 target price on shares of ABB and gave the stock a “neutral” rating in a research report on Thursday, October 26th. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. ABB currently has an average rating of “Hold” and a consensus price target of CHF 26.89.

ABB (VTX ABBN) traded down CHF 0.37 during trading hours on Thursday, hitting CHF 22.70. 15,830,000 shares of the stock traded hands, compared to its average volume of 4,740,000. ABB has a 12-month low of CHF 21.65 and a 12-month high of CHF 27.24. The stock has a market cap of $48,820.00 and a PE ratio of 23.16.

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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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