Shares of ABB Ltd. (VTX:ABBN) have been assigned a consensus recommendation of “Hold” from the eighteen analysts that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is CHF 23.51.
A number of equities analysts recently issued reports on the company. Deutsche Bank set a CHF 24 price objective on ABB and gave the stock a “buy” rating in a report on Monday, December 17th. Kepler Capital Markets set a CHF 23 price objective on ABB and gave the stock a “buy” rating in a report on Wednesday, December 12th. HSBC set a CHF 25 price objective on ABB and gave the stock a “buy” rating in a report on Monday, December 10th. Goldman Sachs Group set a CHF 30.50 price objective on ABB and gave the stock a “buy” rating in a report on Friday, November 16th. Finally, Bank of America set a CHF 23.50 price objective on ABB and gave the stock a “buy” rating in a report on Tuesday, January 8th.
Get ABB alerts:ABB has a one year low of CHF 21.65 and a one 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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