ABB Ltd. (ABBN) PT Set at CHF 26 by Barclays PLC

ABB Ltd. (VTX:ABBN) has been assigned a CHF 26 target price by stock analysts at Barclays PLC in a research report issued on Friday. The firm currently has a “buy” rating on the stock.

Other analysts also recently issued research reports about the stock. Deutsche Bank AG set a CHF 23.50 price target on shares of ABB and gave the stock a “neutral” rating in a research report on Wednesday, September 13th. Morgan Stanley set a CHF 25 price target on shares of ABB and gave the stock a “buy” rating in a research report on Wednesday, July 5th. Citigroup Inc. set a CHF 21 price target on shares of ABB and gave the stock a “sell” rating in a research report on Monday, July 3rd. Goldman Sachs Group, Inc. (The) set a CHF 25 price target on shares of ABB and gave the stock a “neutral” rating in a research report on Tuesday, July 25th. Finally, Kepler Capital Markets set a CHF 24.50 price target on shares of ABB and gave the stock a “neutral” rating in a research report on Friday, July 21st. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. ABB presently has an average rating of “Hold” and an average price target of CHF 23.92.

Shares of ABB (VTX ABBN) opened at 25.29 on Friday. The stock’s 50 day moving average is CHK 24.16 and its 200 day moving average is CHK 23.71. The stock has a market cap of CHK 53.97 billion and a P/E ratio of 24.36. ABB has a 12 month low of CHK 19.72 and a 12 month high of CHK 25.58.

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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.

Analyst Recommendations for ABB (VTX:ABBN)

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