Analysts Set ABB Ltd. (ABBN) Price Target at $23.48

ABB Ltd. (VTX:ABBN) has received an average rating of “Hold” from the eighteen research firms that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is CHF 23.48.

Several equities analysts recently commented on ABBN shares. JPMorgan Chase & Co. set a CHF 21 price objective on ABB and gave the company a “sell” rating in a research note on Monday, December 3rd. Morgan Stanley set a CHF 24.10 price objective on ABB and gave the company a “neutral” rating in a research note on Wednesday, December 5th. Deutsche Bank set a CHF 24 price objective on ABB and gave the company a “buy” rating in a research note on Friday, December 7th. HSBC set a CHF 25 price objective on ABB and gave the company a “buy” rating in a research note on Monday, December 10th. Finally, Kepler Capital Markets set a CHF 23 price objective on ABB and gave the company a “buy” rating in a research note on Wednesday, December 12th.

ABB has a 12 month low of CHF 21.65 and a 12 month high of CHF 27.24.

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.

Further Reading: Economic Reports

Analyst Recommendations for ABB (VTX:ABBN)

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