ABB (VTX:ABBN) received a CHF 19.50 price objective from stock analysts at JPMorgan Chase & Co. in a research report issued on Monday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock.
Several other research firms have also recently issued reports on ABBN. Deutsche Bank set a CHF 20 price objective on ABB and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Royal Bank of Canada set a CHF 19 target price on shares of ABB and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. UBS Group set a CHF 20.50 price target on shares of ABB and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. HSBC set a CHF 25 price target on shares of ABB and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Morgan Stanley set a CHF 23 price objective on shares of ABB and gave the company a “neutral” rating in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of CHF 20.77.
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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