Barclays Reiterates CHF 27.60 Price Target for ABB (ABBN)

Barclays set a CHF 27.60 price target on ABB (VTX:ABBN) in a research report released on Friday. The firm currently has a buy rating on the stock.

Several other research firms have also recently commented on ABBN. Berenberg Bank set a CHF 25 price target on ABB and gave the stock a neutral rating in a research note on Wednesday, January 17th. Deutsche Bank set a CHF 30 price target on ABB and gave the stock a buy rating in a research note on Wednesday, January 17th. Goldman Sachs set a CHF 32 price target on ABB and gave the stock a buy rating in a research note on Friday, January 12th. Citigroup set a CHF 27 price target on ABB and gave the stock a neutral rating in a research note on Thursday, January 11th. Finally, Bank of America set a CHF 28 price target on ABB and gave the stock a neutral rating in a research note on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of CHF 25.62.

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ABB stock opened at CHF 23.09 on Friday. ABB has a 12 month low of CHF 21.65 and a 12 month high of CHF 27.24.

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About ABB

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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