Citigroup Analysts Give ABB (ABBN) a CHF 27 Price Target

Citigroup set a CHF 27 price objective on ABB (VTX:ABBN) in a research report released on Thursday. The brokerage currently has a neutral rating on the stock.

A number of other research analysts also recently weighed in on ABBN. Goldman Sachs Group set a CHF 25 target price on shares of ABB and gave the company a neutral rating in a research report on Tuesday, September 26th. Societe Generale set a CHF 28 target price on shares of ABB and gave the company a neutral rating in a research report on Tuesday, January 9th. Deutsche Bank set a CHF 23.50 target price on shares of ABB and gave the company a neutral rating in a research report on Wednesday, November 1st. JPMorgan Chase & Co. set a CHF 24 target price on shares of ABB and gave the company a neutral rating in a research report on Tuesday, January 2nd. Finally, Morgan Stanley set a CHF 25 target price on shares of ABB and gave the company a neutral rating in a research report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of CHF 26.46.

Shares of ABB (ABBN) opened at CHF 27.13 on Thursday. ABB has a 52-week low of CHF 21.65 and a 52-week high of CHF 27.18. The stock has a market cap of $58,680.00 and a PE ratio of 26.60.

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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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