ABB (ABBN) Given a CHF 25 Price Target at Berenberg Bank

Berenberg Bank set a CHF 25 target price on ABB (VTX:ABBN) in a research report released on Wednesday. The firm currently has a neutral rating on the stock.

ABBN has been the topic of a number of other reports. Goldman Sachs Group set a CHF 31 price target on shares of ABB and gave the stock a buy rating in a research report on Monday, November 20th. Barclays set a CHF 30 price target on shares of ABB and gave the stock a buy rating in a research report on Wednesday, November 29th. Morgan Stanley set a CHF 25 price target on shares of ABB and gave the stock a neutral rating in a research report on Thursday, October 5th. JPMorgan Chase & Co. set a CHF 24 price target on shares of ABB and gave the stock a neutral rating in a research report on Tuesday, January 2nd. Finally, UBS Group set a CHF 21 price target on shares of ABB and gave the stock a sell rating in a research report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. ABB currently has an average rating of Hold and an average target price of CHF 26.85.

ABB (ABBN) traded up CHF 0.06 during trading on Wednesday, hitting CHF 26.82. 4,500,000 shares of the stock were exchanged, compared to its average volume of 4,410,000. ABB has a one year low of CHF 21.65 and a one year high of CHF 27.24. The company has a market cap of $57,940.00 and a P/E ratio of 26.55.

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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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