Citigroup set a CHF 24 price target on ABB (VTX:ABBN) in a research report sent to investors on Friday. The firm currently has a neutral rating on the stock.
ABBN has been the subject of a number of other reports. UBS set a CHF 21 price objective on ABB and gave the stock a sell rating in a research report on Tuesday, December 12th. Kepler Capital Markets set a CHF 28 price objective on ABB and gave the stock a buy rating in a research report on Thursday, December 14th. Goldman Sachs set a CHF 31 price objective on ABB and gave the stock a buy rating in a research report on Wednesday, December 20th. JPMorgan Chase set a CHF 24 price objective on ABB and gave the stock a neutral rating in a research report on Tuesday, January 2nd. Finally, Bank of America set a CHF 28 price objective on ABB and gave the stock a neutral rating in a research report on Tuesday, January 9th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of CHF 26.11.
Shares of VTX:ABBN traded up CHF 0.11 during midday trading on Friday, reaching CHF 23.09. The company’s stock had a trading volume of 15,390,000 shares, compared to its average volume of 7,460,000. 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 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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