ABB (VTX:ABBN) Given a CHF 16.50 Price Target by JPMorgan Chase & Co. Analysts

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JPMorgan Chase & Co. set a CHF 16.50 target price on ABB (VTX:ABBN) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Several other research firms have also recently issued reports on ABBN. Barclays set a CHF 24 price target on shares of ABB and gave the stock a buy rating in a report on Wednesday, April 8th. Deutsche Bank set a CHF 19 price target on shares of ABB and gave the stock a neutral rating in a report on Friday, June 5th. HSBC set a CHF 18 price target on shares of ABB and gave the stock a neutral rating in a report on Thursday, April 16th. Kepler Capital Markets set a CHF 21 price target on shares of ABB and gave the stock a buy rating in a report on Thursday, April 30th. Finally, Morgan Stanley set a CHF 16 target price on shares of ABB and gave the stock a sell rating in a research report on Wednesday, April 29th. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of CHF 18.60.

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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