ABB (ABBN) Given a CHF 29 Price Target by Deutsche Bank Analysts

ABB (VTX:ABBN) received a CHF 29 price target from analysts at Deutsche Bank in a note issued to investors on Monday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 16.37% from the stock’s previous close.

ABBN has been the topic of several other reports. J P Morgan Chase & Co set a CHF 23.50 target price on ABB and gave the company a “neutral” rating in a report on Monday, October 23rd. Citigroup set a CHF 21 target price on ABB and gave the company a “sell” rating in a report on Tuesday, September 26th. Goldman Sachs Group set a CHF 31 target price on ABB and gave the company a “buy” rating in a report on Monday, November 27th. set a CHF 25 price target on ABB and gave the company a “neutral” rating in a research report on Wednesday, October 11th. Finally, UBS set a CHF 21 price target on ABB and gave the company a “sell” rating in a research report on Tuesday, October 17th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of CHF 25.54.

ABB (VTX ABBN) opened at CHF 24.92 on Monday. ABB has a 1-year low of CHF 20.64 and a 1-year high of CHF 26.54.

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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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