ABB (ABBN) Given a CHF 27.60 Price Target at Barclays

ABB (VTX:ABBN) has been given a CHF 27.60 target price by research analysts at Barclays in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Barclays’ price objective would indicate a potential upside of 19.53% from the company’s current price.

A number of other equities research analysts have also commented on ABBN. Goldman Sachs Group set a CHF 31 price objective on shares of ABB and gave the stock a “buy” rating in a report on Friday, March 9th. JPMorgan Chase & Co. set a CHF 23 price objective on shares of ABB and gave the stock a “neutral” rating in a report on Wednesday, March 28th. Citigroup set a CHF 24 price objective on shares of ABB and gave the stock a “neutral” rating in a report on Friday, April 6th. Deutsche Bank set a CHF 29 price objective on shares of ABB and gave the stock a “buy” rating in a report on Wednesday, April 11th. Finally, Societe Generale set a CHF 23.50 price objective on shares of ABB and gave the stock a “neutral” rating in a report on Thursday, April 12th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of CHF 25.96.

Shares of VTX:ABBN opened at CHF 23.09 on Wednesday. ABB has a 12 month low of CHF 21.65 and a 12 month high of CHF 27.24.

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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