Several other research firms also recently weighed in on ABBN. Goldman Sachs Group set a CHF 31 price target on shares of ABB and gave the stock a buy rating in a research note on Friday, January 5th. Barclays set a CHF 30 price objective on shares of ABB and gave the company a buy rating in a research note on Wednesday, November 8th. JPMorgan Chase & Co. set a CHF 24 price objective on shares of ABB and gave the company a neutral rating in a research note on Tuesday, January 2nd. Kepler Capital Markets set a CHF 28 price objective on shares of ABB and gave the company a buy rating in a research note on Thursday, December 14th. Finally, UBS Group set a CHF 21 price objective on shares of ABB and gave the company a sell rating in a research note on Tuesday, December 12th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of CHF 26.38.
Shares of ABB (ABBN) opened at CHF 26.91 on Tuesday. The firm has a market cap of $58,040.00 and a price-to-earnings ratio of 26.13. ABB has a one year low of CHF 21.65 and a one year high of CHF 27.07.
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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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