ABB (ABBN) PT Set at CHF 30 by Deutsche Bank

ABB (VTX:ABBN) has been given a CHF 30 target price by equities research analysts at Deutsche Bank in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 11.86% from the stock’s previous close.

Several other equities research analysts have also recently commented on the stock. Barclays set a CHF 30 target price on shares of ABB and gave the stock a “buy” rating in a research report on Wednesday, November 8th. JPMorgan Chase & Co. set a CHF 24 target price on shares of ABB and gave the stock a “neutral” rating in a research report on Monday, October 30th. Kepler Capital Markets set a CHF 28 target price on shares of ABB and gave the stock a “buy” rating in a research report on Thursday, December 14th. Goldman Sachs Group set a CHF 31 target price on shares of ABB and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Finally, UBS Group set a CHF 21 price target on shares of ABB and gave the stock a “sell” rating in a research note on Tuesday, December 12th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of CHF 26.85.

Shares of ABB (VTX ABBN) opened at CHF 26.82 on Wednesday. ABB has a 12-month low of CHF 21.65 and a 12-month high of CHF 27.24. The company has a market cap of $57,750.00 and a PE ratio of 26.82.

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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.

Analyst Recommendations for ABB (VTX:ABBN)

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