Societe Generale Analysts Give ABB (ABBN) a CHF 28 Price Target

Societe Generale set a CHF 28 price objective on ABB (VTX:ABBN) in a research report sent to investors on Tuesday. The brokerage currently has a neutral rating on the stock.

ABBN has been the subject of a number of other reports. Goldman Sachs Group set a CHF 31 target price on ABB and gave the stock a buy rating in a research note on Monday, November 20th. Barclays set a CHF 30 target price on ABB and gave the stock a buy rating in a research note on Wednesday, November 29th. Morgan Stanley set a CHF 25 target price on ABB and gave the stock a neutral rating in a research note on Thursday, October 5th. JPMorgan Chase & Co. set a CHF 24 target price on ABB and gave the stock a neutral rating in a research note on Tuesday, January 2nd. Finally, UBS Group set a CHF 21 target price on ABB and gave the stock a sell rating in a research note on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. ABB presently has an average rating of Hold and an average price target of CHF 25.92.

ABB (VTX:ABBN) traded down CHF 0.19 during midday trading on Tuesday, reaching CHF 26.88. The company had a trading volume of 4,010,000 shares, compared to its average volume of 5,300,000. ABB has a twelve month low of CHF 21.65 and a twelve month high of CHF 27.02. The company has a market cap of $58,660.00 and a PE ratio of 26.10.

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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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