JPMorgan Chase & Co. Reiterates “CHF 18.50” Price Target for ABB (ABBN)

ABB (VTX:ABBN) has been assigned a CHF 18.50 target price by investment analysts at JPMorgan Chase & Co. in a research note issued on Friday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock.

A number of other equities analysts also recently commented on the company. Royal Bank of Canada set a CHF 21 price target on ABB and gave the stock a “neutral” rating in a research note on Friday, May 3rd. Kepler Capital Markets set a CHF 24 price target on ABB and gave the stock a “buy” rating in a research note on Wednesday, April 24th. Deutsche Bank set a CHF 24 price target on ABB and gave the stock a “buy” rating in a research note on Thursday, April 18th. UBS Group set a CHF 20.50 price target on ABB and gave the stock a “neutral” rating in a research note on Wednesday, April 17th. Finally, Berenberg Bank set a CHF 17 price target on ABB and gave the stock a “sell” rating in a research note on Tuesday, March 19th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. ABB presently has a consensus rating of “Hold” and an average price target of CHF 23.39.

ABB has a 52 week low of CHF 21.65 and a 52 week 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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Analyst Recommendations for ABB (VTX:ABBN)

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