Citigroup Reiterates “CHF 27” Price Target for ABB (ABBN)
Other equities research analysts have also recently issued reports about the company. Barclays set a CHF 26 price target on ABB and gave the company a buy rating in a report on Friday, October 27th. Kepler Capital Markets set a CHF 28 price target on ABB and gave the company a buy rating in a report on Wednesday, November 1st. Goldman Sachs Group set a CHF 31 price target on ABB and gave the company a buy rating in a report on Monday, November 20th. Deutsche Bank set a CHF 29 price target on ABB and gave the company a buy rating in a report on Monday, December 4th. Finally, set a CHF 25 price target on ABB and gave the company a neutral rating in a report on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. ABB has a consensus rating of Hold and an average price target of CHF 26.46.
ABB (VTX ABBN) traded up CHF 0.22 during trading hours on Thursday, reaching CHF 27.13. The company’s stock had a trading volume of 4,010,000 shares, compared to its average volume of 5,280,000. The company has a market capitalization of $58,680.00 and a PE ratio of 26.60. ABB has a twelve month low of CHF 21.65 and a twelve month high of CHF 27.18.
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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