ABB (VTX:ABBN) has been given a CHF 25 target price by equities researchers at HSBC in a research note issued on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock.
A number of other equities research analysts also recently weighed in on ABBN. Royal Bank of Canada set a CHF 19 price objective on ABB and gave the company a “neutral” rating in a research report on Wednesday, November 6th. UBS Group set a CHF 20.50 price target on ABB and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. set a CHF 19.50 price target on ABB and gave the stock a “sell” rating in a report on Wednesday, November 6th. Deutsche Bank set a CHF 20 price target on ABB and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Jefferies Financial Group set a CHF 20 price target on ABB and gave the stock a “neutral” rating in a report on Thursday, July 25th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. ABB has an average rating of “Hold” and a consensus price target of CHF 21.54.
ABB has a 12-month low of CHF 21.65 and a 12-month high of CHF 27.24.
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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