ABB (ABBN) PT Set at CHF 27 by Citigroup

Citigroup set a CHF 27 price target on ABB (VTX:ABBN) in a report issued on Thursday. The firm currently has a neutral rating on the stock.

A number of other brokerages have also recently commented on ABBN. Bank of America set a CHF 28 price target on shares of ABB and gave the company a neutral rating in a research note on Tuesday, January 9th. Societe Generale set a CHF 28 price target on shares of ABB and gave the company a neutral rating in a research note on Tuesday, January 9th. Goldman Sachs Group set a CHF 31 target price on shares of ABB and gave the stock a buy rating in a research note on Friday, January 5th. Barclays set a CHF 30 target price on shares of ABB and gave the stock a buy rating in a research note on Wednesday, November 8th. Finally, JPMorgan Chase & Co. set a CHF 24 target price on shares of ABB and gave the stock a neutral rating in a research note on Tuesday, January 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of CHF 26.46.

Shares of ABB (VTX:ABBN) opened at CHF 27.13 on Thursday. The company has a market cap of $58,680.00 and a P/E ratio of 26.60. ABB has a 52 week low of CHF 21.65 and a 52 week high of CHF 27.18.

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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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