ABB (ABBN) PT Set at CHF 32 by Goldman Sachs Group

ABB (VTX:ABBN) has been given a CHF 32 price target by equities researchers at Goldman Sachs Group in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would suggest a potential upside of 38.59% from the stock’s previous close.

A number of other research firms have also recently issued reports on ABBN. UBS Group set a CHF 22.60 target price on ABB and gave the company a “neutral” rating in a research report on Monday, April 23rd. Kepler Capital Markets set a CHF 28 target price on ABB and gave the company a “buy” rating in a research report on Monday, April 23rd. Citigroup set a CHF 25 target price on ABB and gave the company a “neutral” rating in a research report on Friday, April 20th. Societe Generale set a CHF 24 target price on ABB and gave the company a “neutral” rating in a research report on Friday, April 20th. Finally, Oddo Bhf set a CHF 27 target price on ABB and gave the company a “buy” rating in a research report on Friday, April 20th. Twelve equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. ABB has a consensus rating of “Hold” and a consensus target price of CHF 25.80.

ABB stock opened at CHF 23.09 on Monday. ABB has a 12-month low of CHF 21.65 and a 12-month high of CHF 27.24.

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.

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Analyst Recommendations for ABB (VTX:ABBN)

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