Several other equities analysts have also recently weighed in on the company. Morgan Stanley set a CHF 25 price target on ABB and gave the company a buy rating in a report on Wednesday, July 5th. Deutsche Bank AG set a CHF 24 price objective on ABB and gave the company a neutral rating in a research note on Wednesday, July 5th. Citigroup Inc. set a CHF 21 price objective on ABB and gave the company a sell rating in a research note on Monday, July 3rd. Goldman Sachs Group, Inc. (The) set a CHF 24 price objective on ABB and gave the company a neutral rating in a research note on Thursday, June 29th. Finally, Berenberg Bank set a CHF 21 price objective on ABB and gave the company a sell rating in a research note on Tuesday, June 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. ABB presently has a consensus rating of Hold and a consensus price target of CHF 23.17.
Shares of ABB (VTX ABBN) opened at 24.13 on Thursday. The company has a 50-day moving average price of CHK 24.44 and a 200-day moving average price of CHK 23.28. ABB has a 52-week low of CHK 19.38 and a 52-week high of CHK 24.89.
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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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