Goldman Sachs Reiterates CHF 31 Price Target for ABB (VTX:ABBN)

Goldman Sachs set a CHF 31 price target on ABB (VTX:ABBN) in a research note released on Friday, March 9th. The firm currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. JPMorgan Chase set a CHF 24 price objective on shares of ABB and gave the company a neutral rating in a research note on Monday, January 29th. Societe Generale set a CHF 28 price objective on shares of ABB and gave the company a neutral rating in a research note on Tuesday, January 9th. Cfra set a CHF 27 price objective on shares of ABB and gave the company a buy rating in a research note on Friday, February 9th. Deutsche Bank set a CHF 30 price objective on shares of ABB and gave the company a buy rating in a research note on Wednesday, January 17th. Finally, Kepler Capital Markets set a CHF 28 price target on shares of ABB and gave the stock a buy rating in a research report on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. ABB has a consensus rating of Hold and a consensus price target of CHF 26.30.

How to Become a New Pot Stock Millionaire

ABBN traded up CHF 0.11 during trading on Friday, hitting CHF 23.09. The company’s stock had a trading volume of 15,390,000 shares, compared to its average volume of 7,460,000. ABB has a twelve month low of CHF 21.65 and a twelve month high of CHF 27.24.

WARNING: This piece was posted by Enterprise Leader and is the property of of Enterprise Leader. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this piece can be accessed at https://theenterpriseleader.com/2018/04/02/abb-vtxabbn-pt-set-at-chf-31-by-goldman-sachs.html.

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)

Receive News & Ratings for ABB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ABB and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply