ABB (VTX:ABBN) has been assigned a CHF 27 price target by investment analysts at Citigroup in a research note issued on Thursday, January 11th. The brokerage presently has a “neutral” rating on the stock. Citigroup’s target price suggests a potential upside of 5.18% from the company’s current price.
ABBN has been the subject of several other reports. JPMorgan Chase & Co. set a CHF 23.50 target price on ABB and gave the stock a “neutral” rating in a report on Monday, October 23rd. Goldman Sachs Group set a CHF 31 price target on ABB and gave the stock a “buy” rating in a report on Monday, November 27th. set a CHF 25 price target on ABB and gave the stock a “neutral” rating in a report on Wednesday, October 11th. UBS Group set a CHF 21 price target on ABB and gave the stock a “sell” rating in a report on Tuesday, October 17th. Finally, Morgan Stanley set a CHF 25 price objective on ABB and gave the company a “neutral” rating in a research report on Thursday, October 26th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. ABB presently has a consensus rating of “Hold” and a consensus price target of CHF 26.93.
Shares of ABB (ABBN) traded down CHF 0.36 during trading on Thursday, hitting CHF 25.67. The stock had a trading volume of 4,970,000 shares, compared to its average volume of 3,820,000. The firm has a market cap of $55,360.00 and a price-to-earnings ratio of 26.46. ABB has a fifty-two week low of CHF 21.65 and a fifty-two week high of CHF 27.24.
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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.
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