ABB (VTX:ABBN) PT Set at CHF 22 by UBS Group

ABB (VTX:ABBN) has been given a CHF 22 price target by equities researchers at UBS Group in a report released on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock.

Other equities analysts have also issued reports about the company. Jefferies Financial Group set a CHF 14.50 price target on ABB and gave the company a “sell” rating in a research note on Wednesday, April 22nd. Barclays set a CHF 24 target price on ABB and gave the company a “buy” rating in a research note on Wednesday, April 8th. Morgan Stanley set a CHF 16 target price on ABB and gave the stock a “sell” rating in a research report on Wednesday, April 29th. Royal Bank of Canada set a CHF 18 price target on shares of ABB and gave the company a “neutral” rating in a report on Tuesday, April 28th. Finally, Deutsche Bank set a CHF 18 price objective on shares of ABB and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of CHF 18.50.

ABB has a 1 year low of CHF 21.65 and a 1 year 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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