ABB Ltd. (ABBN) PT Set at CHF 25 by HSBC Holdings plc

ABB Ltd. (VTX:ABBN) received a CHF 25 price target from research analysts at HSBC Holdings plc in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock.

Several other research analysts have also recently weighed in on the stock. J P Morgan Chase & Co set a CHF 23 price objective on shares of ABB and gave the company a “neutral” rating in a report on Thursday, July 13th. S&P Global set a CHF 26 price objective on shares of ABB and gave the company a “neutral” rating in a report on Thursday, July 20th. Deutsche Bank AG set a CHF 23.50 price objective on shares of ABB and gave the company a “neutral” rating in a report on Wednesday, September 13th. Citigroup Inc. set a CHF 21 target price on shares of ABB and gave the company a “sell” rating in a research report on Thursday, September 7th. Finally, Morgan Stanley set a CHF 25 target price on shares of ABB and gave the company a “neutral” rating in a research report on Friday, July 21st. Two investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of CHF 23.83.

ABB (VTX:ABBN) opened at 24.34 on Wednesday. ABB has a 52-week low of CHK 19.72 and a 52-week high of CHK 24.89. The stock’s 50 day moving average is CHK 23.39 and its 200-day moving average is CHK 23.59. The company has a market capitalization of CHK 51.94 billion and a P/E ratio of 23.45.

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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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