Goldman Sachs Group set a CHF 32 target price on ABB (VTX:ABBN) in a research report released on Friday morning. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on ABBN. Barclays set a CHF 30 price objective on shares of ABB and gave the stock a buy rating in a research note on Wednesday, November 29th. Deutsche Bank set a CHF 29 price objective on shares of ABB and gave the stock a buy rating in a research note on Monday, December 4th. Bank of America set a CHF 28 price objective on shares of ABB and gave the stock a neutral rating in a research note on Tuesday, January 9th. Citigroup set a CHF 27 price objective on shares of ABB and gave the stock a neutral rating in a research note on Thursday, January 11th. Finally, Morgan Stanley set a CHF 25 price objective on shares of ABB and gave the stock a neutral rating in a research note on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of CHF 26.85.

Shares of ABB (ABBN) opened at CHF 26.98 on Friday. The firm has a market cap of $58,090.00 and a PE ratio of 26.98. ABB has a 52 week low of CHF 21.65 and a 52 week high of CHF 27.24.

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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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