Deutsche Bank Reiterates CHF 22 Price Target for ABB (VTX:ABBN)

Deutsche Bank set a CHF 22 target price on ABB (VTX:ABBN) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also commented on ABBN. Barclays set a CHF 26 price objective on shares of ABB and gave the stock a buy rating in a report on Wednesday, February 5th. Royal Bank of Canada set a CHF 22.50 price objective on shares of ABB and gave the stock a neutral rating in a report on Tuesday. Kepler Capital Markets set a CHF 28.50 price objective on shares of ABB and gave the stock a buy rating in a report on Monday, February 10th. UBS Group set a CHF 26 price objective on shares of ABB and gave the stock a buy rating in a report on Wednesday, February 5th. Finally, Morgan Stanley set a CHF 23 price objective on shares of ABB and gave the stock a neutral rating in a report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of CHF 22.55.

ABB has a fifty-two week low of CHF 21.65 and a fifty-two week 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.

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Analyst Recommendations for ABB (VTX:ABBN)

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