ABB (ABBN) Given a CHF 31 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a CHF 31 target price on ABB (VTX:ABBN) in a research report sent to investors on Friday morning. The brokerage currently has a buy rating on the stock.

ABBN has been the topic of a number of other reports. JPMorgan Chase & Co. set a CHF 23.50 target price on shares of ABB and gave the stock a neutral rating in a research report on Monday, October 23rd. Citigroup set a CHF 21 target price on shares of ABB and gave the stock a sell rating in a research report on Tuesday, September 26th. set a CHF 25 price objective on shares of ABB and gave the company a neutral rating in a research report on Wednesday, October 11th. UBS Group set a CHF 21 price objective on shares of ABB and gave the company a sell rating in a research report on Tuesday, October 17th. Finally, Morgan Stanley set a CHF 25 price objective on shares of ABB and gave the company a neutral rating in a research report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of CHF 25.54.

Shares of ABB (VTX:ABBN) opened at CHF 26.93 on Friday. The firm has a market cap of $58,420.00 and a PE ratio of 26.40. ABB has a 1 year low of CHF 21.65 and a 1 year high of CHF 26.99.

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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.

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