ABB (VTX:ABBN) has been given a CHF 32 price objective by analysts at Goldman Sachs Group in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price target would indicate a potential upside of 17.95% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. Barclays set a CHF 26 price target on shares of ABB and gave the stock a “buy” rating in a report on Friday, October 27th. Kepler Capital Markets set a CHF 28 price target on shares of ABB and gave the stock a “buy” rating in a report on Wednesday, November 1st. Deutsche Bank set a CHF 29 target price on shares of ABB and gave the company a “buy” rating in a report on Monday, December 4th. JPMorgan Chase & Co. set a CHF 23.50 target price on shares of ABB and gave the company a “neutral” rating in a report on Monday, September 25th. Finally, Societe Generale set a CHF 25.50 target price on shares of ABB and gave the company a “neutral” rating in a report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of CHF 26.46.
ABB (VTX:ABBN) opened at CHF 27.13 on Friday. The company has a market cap of $58,680.00 and a price-to-earnings ratio of 26.60. ABB has a fifty-two week low of CHF 21.65 and a fifty-two week high of CHF 27.18.
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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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