Deutsche Bank Reiterates “CHF 29” Price Target for ABB (ABBN)

Deutsche Bank set a CHF 29 price objective on ABB (VTX:ABBN) in a research report released on Monday morning. The firm currently has a buy rating on the stock.

A number of other brokerages have also recently weighed in on ABBN. Barclays set a CHF 30 price objective on shares of ABB and gave the stock a buy rating in a report on Wednesday, November 29th. Goldman Sachs Group set a CHF 25 target price on shares of ABB and gave the stock a neutral rating in a research note on Tuesday, October 17th. Morgan Stanley set a CHF 25 target price on shares of ABB and gave the stock a neutral rating in a research note on Tuesday, November 14th. J P Morgan Chase & Co set a CHF 23.50 target price on shares of ABB and gave the stock a neutral rating in a research note on Thursday, September 7th. Finally, Citigroup set a CHF 21 target price on shares of ABB and gave the stock a sell rating in a research note on Thursday, September 7th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. ABB currently has a consensus rating of Hold and a consensus target price of CHF 25.54.

Shares of ABB (VTX ABBN) opened at CHF 25.53 on Monday. ABB has a fifty-two week low of CHF 21.03 and a fifty-two week high of CHF 26.54.

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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.

Analyst Recommendations for ABB (VTX:ABBN)

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