ABB (ABBN) PT Set at CHF 27 by Deutsche Bank

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ABB (VTX:ABBN) has been assigned a CHF 27 target price by stock analysts at Deutsche Bank in a report released on Wednesday, October 3rd. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 16.93% from the stock’s current price.

A number of other brokerages have also weighed in on ABBN. Barclays set a CHF 27.60 target price on ABB and gave the stock a “buy” rating in a research note on Thursday, July 5th. Berenberg Bank set a CHF 23 target price on ABB and gave the stock a “neutral” rating in a research note on Wednesday, July 11th. UBS Group set a CHF 22.50 target price on ABB and gave the stock a “neutral” rating in a research note on Tuesday, July 3rd. Societe Generale set a CHF 26.50 target price on ABB and gave the stock a “buy” rating in a research note on Friday, September 14th. Finally, JPMorgan Chase & Co. set a CHF 22.50 target price on ABB and gave the stock a “neutral” rating in a research note on Tuesday, June 26th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of CHF 26.15.

VTX:ABBN opened at CHF 23.09 on Wednesday. ABB has a 12-month low of CHF 21.65 and a 12-month 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.

See Also: Book Value Per Share – BVPS

Analyst Recommendations for ABB (VTX:ABBN)

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