Goldman Sachs Group Reiterates “CHF 31” Price Target for ABB (ABBN)

Goldman Sachs Group set a CHF 31 price objective on ABB (VTX:ABBN) in a research note released on Friday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently issued reports on ABBN. JPMorgan Chase & Co. set a CHF 24 target price on shares of ABB and gave the stock a neutral rating in a report on Tuesday, January 2nd. Deutsche Bank set a CHF 23.50 target price on shares of ABB and gave the stock a neutral rating in a report on Wednesday, November 1st. Citigroup set a CHF 21 target price on shares of ABB and gave the stock a sell rating in a report on Tuesday, September 26th. Morgan Stanley set a CHF 25 price target on shares of ABB and gave the stock a neutral rating in a research note on Thursday, October 5th. Finally, UBS Group set a CHF 21 price target on shares of ABB and gave the stock a sell rating in a research note on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of CHF 25.54.

Shares of ABB (VTX:ABBN) opened at CHF 26.92 on Friday. ABB has a 1 year low of CHF 21.58 and a 1 year high of CHF 26.92. The stock has a market cap of $58,220.00 and a PE ratio of 26.39.

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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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