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

Societe Generale set a CHF 28 target price on ABB (VTX:ABBN) in a report released on Tuesday. The brokerage currently has a neutral rating on the stock.

A number of other research firms have also issued reports on ABBN. Barclays set a CHF 30 target price on shares of ABB and gave the stock a buy rating in a report on Wednesday, November 29th. Goldman Sachs Group set a CHF 25 target price on shares of ABB and gave the stock a neutral rating in a report on Tuesday, October 17th. Deutsche Bank set a CHF 29 target price on shares of ABB and gave the stock a buy rating in a report on Monday, December 4th. Bank of America set a CHF 28 target price on shares of ABB and gave the stock a neutral rating in a report on Tuesday. Finally, Morgan Stanley set a CHF 25 target price on shares of ABB and gave the stock a neutral rating in a report on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of CHF 26.46.

ABB (VTX:ABBN) opened at CHF 27.13 on Tuesday. The firm has a market cap of $58,680.00 and a P/E ratio of 26.60. ABB has a 1 year low of CHF 21.65 and a 1 year high of CHF 27.18.

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About ABB

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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