Deutsche Bank Analysts Give ABB (ABBN) a CHF 25 Price Target

ABB (VTX:ABBN) received a CHF 25 price objective from investment analysts at Deutsche Bank in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 8.27% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on ABBN. Jefferies Financial Group set a CHF 22.77 price objective on ABB and gave the stock a “neutral” rating in a research note on Monday, July 30th. Goldman Sachs Group set a CHF 32 price target on ABB and gave the company a “buy” rating in a research note on Monday, July 30th. Barclays set a CHF 27.60 price target on ABB and gave the company a “buy” rating in a research note on Thursday, August 16th. JPMorgan Chase & Co. set a CHF 24 price target on ABB and gave the company a “neutral” rating in a research note on Thursday, August 23rd. Finally, Citigroup set a CHF 28 price target on ABB and gave the company a “buy” rating in a research note on Tuesday, September 4th. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of CHF 25.12.

Shares of VTX ABBN opened at CHF 23.09 on Friday. ABB has a 1-year low of CHF 21.65 and a 1-year 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.

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Analyst Recommendations for ABB (VTX:ABBN)

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