ABB (ABBN) PT Set at CHF 32 by Goldman Sachs Group

ABB (VTX:ABBN) has been given a CHF 32 price target by equities research analysts at Goldman Sachs Group in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price target would indicate a potential upside of 38.59% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Oddo Bhf set a CHF 27 price objective on ABB and gave the company a “buy” rating in a report on Friday, April 20th. Kepler Capital Markets set a CHF 28 price objective on ABB and gave the company a “buy” rating in a report on Monday, April 23rd. Deutsche Bank set a CHF 28 price objective on ABB and gave the company a “buy” rating in a report on Thursday, June 28th. Barclays set a CHF 27.60 price objective on ABB and gave the company a “buy” rating in a report on Wednesday, June 27th. Finally, UBS Group set a CHF 22.50 price objective on ABB and gave the company a “neutral” rating in a report on Tuesday, July 3rd. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of CHF 25.70.

Shares of VTX ABBN opened at CHF 23.09 on Wednesday. ABB has a fifty-two week low of CHF 21.65 and a fifty-two week high of CHF 27.24.

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.

Read More: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Analyst Recommendations for ABB (VTX:ABBN)

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