JPMorgan Chase set a CHF 23 target price on ABB (VTX:ABBN) in a research note issued to investors on Thursday morning. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also commented on the stock. Goldman Sachs set a CHF 31 target price on shares of ABB and gave the company a buy rating in a report on Wednesday, December 20th. Bank of America set a CHF 28 price target on shares of ABB and gave the company a neutral rating in a research note on Tuesday, January 9th. Deutsche Bank set a CHF 30 price target on shares of ABB and gave the company a buy rating in a research note on Wednesday, January 17th. Societe Generale set a CHF 28 price target on shares of ABB and gave the company a neutral rating in a research note on Tuesday, January 9th. Finally, Citigroup set a CHF 27 price target on shares of ABB and gave the company a neutral rating in a research note on Thursday, January 11th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. ABB has a consensus rating of Hold and an average price target of CHF 25.82.
ABBN stock opened at CHF 23.09 on Thursday. ABB has a 12 month low of CHF 21.65 and a 12 month high of CHF 27.24.
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.
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