UBS Group Analysts Give ABB (VTX:ABBN) a CHF 20.50 Price Target

UBS Group set a CHF 20.50 price target on ABB (VTX:ABBN) in a report issued on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research firms have also recently commented on ABBN. JPMorgan Chase & Co. set a CHF 18 target price on ABB and gave the stock a sell rating in a research report on Thursday, July 25th. Oddo Bhf set a CHF 18 target price on ABB and gave the stock a sell rating in a research report on Friday, June 14th. Kepler Capital Markets set a CHF 24 target price on ABB and gave the stock a buy rating in a research report on Wednesday, April 24th. Royal Bank of Canada set a CHF 21 target price on ABB and gave the stock a neutral rating in a research report on Tuesday, August 6th. Finally, Jefferies Financial Group set a CHF 20 target price on ABB and gave the stock a neutral rating in a research report on Thursday, July 25th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. ABB presently has a consensus rating of Hold and an average target price of CHF 22.81.

ABB has a 52 week low of CHF 21.65 and a 52 week 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.

Read More: Price to Earnings Ratio (PE) Basics

Analyst Recommendations for ABB (VTX:ABBN)

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