Other analysts also recently issued reports about the stock. Societe Generale set a CHF 28 price objective on shares of ABB and gave the stock a neutral rating in a report on Tuesday, January 9th. JPMorgan Chase & Co. set a CHF 24 price objective on shares of ABB and gave the stock a neutral rating in a report on Monday, January 29th. Kepler Capital Markets set a CHF 28 price objective on shares of ABB and gave the stock a buy rating in a report on Thursday, December 14th. Deutsche Bank set a CHF 30 price objective on shares of ABB and gave the stock a buy rating in a report on Wednesday, January 17th. Finally, Barclays set a CHF 26 price objective on shares of ABB and gave the stock a buy rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of CHF 26.89.
Shares of ABB (ABBN) opened at CHF 22.92 on Thursday. ABB has a fifty-two week low of CHF 21.65 and a fifty-two week high of CHF 27.24. The stock has a market cap of $49,290.00 and a price-to-earnings ratio of 23.39.
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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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