ABB (VTX:ABBN) has been assigned a CHF 31 price target by stock analysts at Goldman Sachs Group in a research report issued on Friday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price target would indicate a potential upside of 15.76% from the company’s current price.
Several other equities research analysts have also issued reports on the company. Barclays set a CHF 30 price target on ABB and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Deutsche Bank set a CHF 23.50 price target on ABB and gave the stock a “neutral” rating in a research note on Wednesday, September 13th. Citigroup set a CHF 21 price target on ABB and gave the stock a “sell” rating in a research note on Thursday, September 7th. JPMorgan Chase & Co. set a CHF 24 price target on ABB and gave the stock a “neutral” rating in a research note on Monday, October 30th. Finally, Morgan Stanley set a CHF 25 price target on ABB and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of CHF 25.54.
Shares of ABB (VTX ABBN) opened at CHF 26.78 on Friday. ABB has a 52 week low of CHF 21.58 and a 52 week high of CHF 26.80. The stock has a market capitalization of $57,910.00 and a PE ratio of 26.25.
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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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