Morgan Stanley Analysts Give ABB Ltd. (ABBN) a CHF 25 Price Target

Morgan Stanley set a CHF 25 price target on ABB Ltd. (VTX:ABBN) in a report released on Wednesday. The brokerage currently has a buy rating on the stock.

Other analysts have also issued research reports about the company. Deutsche Bank AG set a CHF 24 target price on ABB and gave the stock a neutral rating in a research note on Thursday, June 1st. Goldman Sachs Group, Inc. (The) set a CHF 24 target price on ABB and gave the stock a neutral rating in a research note on Thursday, June 29th. J P Morgan Chase & Co set a CHF 23 target price on ABB and gave the stock a neutral rating in a research note on Tuesday, June 27th. Citigroup Inc. set a CHF 21 target price on ABB and gave the stock a sell rating in a research note on Monday, July 3rd. Finally, Berenberg Bank set a CHF 21 target price on ABB and gave the stock a sell rating in a research note on Tuesday, June 6th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. ABB has an average rating of Hold and a consensus price target of CHF 23.

ABB (VTX ABBN) opened at 23.80 on Wednesday. The stock’s market capitalization is CHK 51.60 billion. ABB has a 52-week low of CHK 18.59 and a 52-week high of CHK 24.89. The firm has a 50-day moving average of CHK 24.44 and a 200-day moving average of CHK 23.28.

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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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