ABB Ltd. (VTX:ABBN) PT Set at CHF 26 by Barclays PLC

Barclays PLC set a CHF 26 target price on ABB Ltd. (VTX:ABBN) in a research report sent to investors on Friday, October 27th. The brokerage currently has a buy rating on the stock.

A number of other analysts also recently weighed in on the stock. J P Morgan Chase & Co set a CHF 23 target price on shares of ABB and gave the company a neutral rating in a research report on Thursday, July 13th. S&P Global set a CHF 26 price objective on shares of ABB and gave the stock a neutral rating in a research report on Thursday, July 20th. Deutsche Bank AG set a CHF 23.50 price objective on shares of ABB and gave the stock a neutral rating in a research report on Wednesday, September 13th. Citigroup Inc. set a CHF 21 price objective on shares of ABB and gave the stock a sell rating in a research report on Thursday, September 7th. Finally, Morgan Stanley set a CHF 25 price objective on shares of ABB and gave the stock a neutral rating in a research report on Friday, July 21st. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of CHF 24.58.

Shares of ABB (VTX:ABBN) traded down CHF 0.44 during midday trading on Friday, reaching CHF 25.16. 7,410,000 shares of the company were exchanged, compared to its average volume of 5,700,000. ABB has a 1-year low of CHF 19.75 and a 1-year 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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