Morgan Stanley Analysts Give ABB (ABBN) a CHF 24.30 Price Target

Morgan Stanley set a CHF 24.30 target price on ABB (VTX:ABBN) in a research report released on Friday morning. The brokerage currently has a neutral rating on the stock.

Other analysts have also recently issued research reports about the company. Barclays set a CHF 26 price objective on ABB and gave the company a buy rating in a research report on Friday, October 27th. Kepler Capital Markets set a CHF 28 price objective on ABB and gave the company a buy rating in a research report on Wednesday, November 1st. Goldman Sachs Group set a CHF 31 price objective on ABB and gave the company a buy rating in a research report on Monday, November 27th. Finally, Deutsche Bank set a CHF 29 price objective on ABB and gave the company a buy rating in a research report on Monday, December 4th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of CHF 26.89.

Shares of ABB (ABBN) opened at CHF 23 on Friday. The stock has a market capitalization of $49,870.00 and a price-to-earnings ratio of 23.71. ABB has a 12-month low of CHF 21.65 and a 12-month high of CHF 27.24.

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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.

Analyst Recommendations for ABB (VTX:ABBN)

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