Goldman Sachs Group, Inc. (The) Analysts Give ABB Ltd. (ABBN) a CHF 25 Price Target

Goldman Sachs Group, Inc. (The) set a CHF 25 price objective on ABB Ltd. (VTX:ABBN) in a research report sent to investors on Friday morning. The brokerage currently has a neutral rating on the stock.

Other analysts also recently issued reports about the company. Morgan Stanley set a CHF 25 price objective on ABB and gave the company a buy rating in a research report on Wednesday, July 5th. Barclays PLC set a CHF 26 price objective on ABB and gave the company a buy rating in a research report on Friday. Kepler Capital Markets set a CHF 24.50 price objective on ABB and gave the company a neutral rating in a research report on Friday, July 21st. Deutsche Bank AG set a CHF 23.50 price objective on ABB and gave the company a neutral rating in a research report on Friday, July 21st. Finally, J P Morgan Chase & Co set a CHF 23.50 price objective on ABB and gave the company a neutral rating in a research report on Friday, July 21st. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. ABB currently has an average rating of Hold and an average target price of CHF 23.92.

Shares of ABB (VTX ABBN) opened at 25.29 on Friday. The firm has a 50 day moving average price of CHK 24.16 and a 200-day moving average price of CHK 23.71. ABB has a 52 week low of CHK 19.72 and a 52 week high of CHK 25.57. The firm has a market capitalization of CHK 53.97 billion and a P/E ratio of 24.36.

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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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