ABB (ABBN) Given a CHF 29 Price Target at Deutsche Bank

Deutsche Bank set a CHF 29 price objective on ABB (VTX:ABBN) in a research note issued to investors on Monday. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently issued reports on ABBN. Barclays set a CHF 30 price target on shares of ABB and gave the company a buy rating in a report on Wednesday, November 29th. Goldman Sachs Group set a CHF 31 price objective on shares of ABB and gave the company a buy rating in a research note on Monday, November 27th. Morgan Stanley set a CHF 25 price objective on shares of ABB and gave the company a neutral rating in a research note on Tuesday, November 14th. Kepler Capital Markets set a CHF 28 price objective on shares of ABB and gave the company a buy rating in a research note on Wednesday, November 1st. Finally, J P Morgan Chase & Co set a CHF 24 price target on shares of ABB and gave the stock a neutral rating in a research note on Monday, October 30th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. ABB presently has a consensus rating of Hold and a consensus price target of CHF 25.54.

Shares of ABB (VTX:ABBN) traded down CHF 0.17 during trading on Monday, reaching CHF 25.27. The company had a trading volume of 3,810,000 shares, compared to its average volume of 6,630,000. ABB has a twelve month low of CHF 20.64 and a twelve month high of CHF 26.54.

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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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