Goldman Sachs Group, Inc. (The) Reiterates CHF 25 Price Target for ABB Ltd. (ABBN)

Goldman Sachs Group, Inc. (The) set a CHF 25 target price on ABB Ltd. (VTX:ABBN) in a report released on Tuesday, July 25th. The firm currently has a neutral rating on the stock.

ABBN has been the subject of a number of other research reports. Morgan Stanley set a CHF 25 price objective on shares of ABB and gave the stock a neutral rating in a research report on Friday, July 21st. Kepler Capital Markets set a CHF 24.50 target price on shares of ABB and gave the stock a neutral rating in a research note on Friday, July 21st. S&P Global set a CHF 26 target price on shares of ABB and gave the stock a neutral rating in a research note on Thursday, July 20th. J P Morgan Chase & Co set a CHF 23.50 target price on shares of ABB and gave the stock a neutral rating in a research note on Friday, July 21st. Finally, Deutsche Bank AG set a CHF 23.50 target price on shares of ABB and gave the stock a neutral rating in a research note on Friday, July 21st. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the company. The company currently has an average rating of Hold and an average target price of CHF 23.69.

Shares of ABB (ABBN) opened at 21.98 on Tuesday. The stock has a 50 day moving average price of CHK 23.32 and a 200 day moving average price of CHK 23.55. The stock has a market capitalization of CHK 46.91 billion and a price-to-earnings ratio of 21.18. ABB has a 1-year low of CHK 19.72 and a 1-year high of CHK 24.89.

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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.

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